India: OMC’s seized iron ore e-auction receives flat bids

State-owned iron ore miner Odisha Mining Corporation (OMC) had scheduled an auction for 25,000 t of seized iron ore fines (Fe 62%) today. The allotted quantity was being offered by Paradip Port. As per latest information with SteelMint, the total material was booked at the base price of INR 5,427/t including royalty, DMF and NMET.


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