State-run Odisha Mining Corporation (OMC) has scheduled an iron ore auction on 19 Oct’22. About 1.037 mnt of fines and 0.752 mnt of lumps from OMC mines will go under the hammer. The miner has decreased the base price for fines by up to INR 300/t for Daitari & Tiring Pahar but increased price by up to INR 100-150/t for other mines, whereas the base price for lumps remains unchanged.
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