India: IDCOL to auction 19,000 t iron ore lumps

The Industrial Development Corporation of Odisha (IDCOL) will auction iron ore lumps (5-18 mm, Fe 60-62%) through MSTC from its Roida C mines at Barbil in Odisha’s Keonjhar district. The total quantity to be put to auction is 19,000 t and the auction is on 10 Aug’21. The floor price of lumps is at INR 10,000-11,000/t. Traders are not allowed to participate in the auction.


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