India: OMC iron ore e-auction fetches no bids

Odisha Mining Corporation (OMC) had scheduled a seized iron and manganese ore e-auction for 18 Nov’21. The total quantity of iron ore put under the hammer was 583,055 t. According to latest reports, the iron ore auction failed to fetch any response. At the last auction on 12 Nov for 25,000 t of seized iron ore fines, the state-owned miner had received no bids.


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