State PSU miner OMC has scheduled an iron ore auction for 18 Apr’22. Around 581,000 t of lump ore and 1.145 mnt 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 1.93 mnt (97%) of material getting booked out of a total of 1.988 mnt offered.
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