State-owned miner Odisha Mining Corporation (OMC) has rescheduled its iron ore fines auction for 22 Jul’21.
- The miner has revised the quantity put to auction to 689,000 t as against the previous auction of 1.06 mn t on 8 Jul.
- OMC has increased the base price by up to INR 2,550/t as against the last e-auction floated on 8 Jul.
- OMC had annulled the last auction on account of unexpected softening of bids.
Leave a Reply