Odisha Mining Corporation (OMC) had scheduled an iron ore fines auction on 18 Apr’22 in which out of a total of 0.95 mn t of material, the entire quantity received bids. The miner has decreased the base price for fines by up to INR 350/t and that for lumps by up to INR 500/t as against the base price of last auction on 15 March, 2022.
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