OMC will auction 3.412 mnt of iron ore (1.44 mnt lumps and 1.972 mnt fines) on 18 Apr’26. The miner has increased base prices of lumps by INR 500/t, while fines prices rose by up to INR 250/t m-o-m. The upward revision follows similar price hikes by NMDC and Lloyds Metals by INR 450-550/t, reflecting improved market sentiment. OMC has restricted participation of traders from e-auctions.
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