The Industrial Development Corporation of Odisha Ltd. (IDCOL) conducted an auction yesterday (10 Aug’21) for 19,000 t (5-18mm, Fe 62% and Fe 60%) iron ore lumps. Out of the total quantity offered, buyers booked 3,800 t (5-18 mm, Fe +62%) at INR 11,900/t and 15,200 t (5-18 mm, + 60% Fe-CLO) at INR 11,500/t ex-mines (including royalty, DMF and NMET), sources reported.
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