State PSU miner OMC has scheduled an iron ore auction for 15 Mar’22. Around 792,000 t of lump ore and 1,047,000 t of fines will be put up for auction. The base price of the auction is yet to be disclosed. In the previous auction, the miner received active response, with 1.09 mnt (98%) booked out of the total offerred quantity of 1.109 mnt.
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