State-based miner – Odisha Mining Corporation (OMC) had scheduled an auction for iron ore low-grade fines ( Fe 58%) from Koira yesterday (22nd Dec’20). The entire quantity of 300,000 t received bids at INR 3,150-3,200/t (ex-mines, including Royalty) as against the set base price of INR 2,300/t, sources have reported SteelMint.
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