Author: Nishtha Mukherjee

India: OMC hikes base price upto INR 300 ($4) for upcoming iron ore auction

Jul 28, 2020

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by

Nishtha Mukherjee

in Fines/Lumps

OMC has scheduled its next iron ore lump e-auction on 31st July’20 for 600,000t. The company has raised base price by INR 300/t from its Daitari mines and by INR 50-150/t from its Gandhamardhan mines. Iron ore prices in Odisha have been increasing in last couple of weeks due to tight availability.