Category: Fines/Lumps
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India: OMC cuts floor prices for upcoming iron ore auction amid declining sponge iron prices
Iron ore fines base prices lowered by INR 150/t Lump ore prices reduced by INR 50-450/t m-o-m The Odisha Mining Corporation (OMC) has announced its upcoming e-auctions for iron ore fines and calibrated lump ore (CLO), with base prices lowered across grades compared with the previous month amid a downturn in the eastern India steel…