The Industrial Development Corporation of Odisha Ltd. (IDCOL) has issued a tender for sale of around 30,400 t of iron ore fines on 24 Aug’21. According to a recent update, the company has reduced the floor price by INR 200/t. For Fe 55% iron ore, the bidding will open at INR 3,700/t per wet metric tonne (WMT), while for Fe 58% grade the bidding is slated to open at INR 4,500/t WMT.
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