Category: Fines/Lumps
-
India: OMC iron ore lumps auction sees entire offered volume booked; bids fall by up to INR 750/t m-o-m
Expectations of improved supply, steel market downtrend prompt price drop Guali, Jilling prices buck trend; 5-18 mm bids rise by INR 350-1,050/t m-o-m The Odisha Mining Corporation (OMC) recorded bookings for the entire 0.731 million tonnes of calibrated lump ore (CLO) offered in its auction on 22 October 2026. Prices decreased by INR 100-750/tonne (t)…