Industrial Development Corporation of Odisha Limited (IDCOL) conducted an auction yesterday (10th Dec) for 11,400 t sponge grade CLO (5-18mm, Fe 62%) and 20,000 t iron ore fines (Fe 55%). Auction received active response. The highest bid (H1) fetched for lump was at INR 8,211/t and that for fines was at INR 2,258/t (excluding Royalty, NMET and DMF).
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