State-run Odisha Mining Corporation (OMC) had scheduled an auction for iron ore fines and lump for over 2.5 mnt on 17 Jun’22. The miner had decreased the base price for fines by up to INR 800/t and that for lump by up to INR 1,500/t as against the last auction’s base price. As per latest updates received, the miner has postponed the auction and the base prices and quantity are likely to be revised.
Leave a Reply