Odisha Mining Corporation (OMC), has put forward an e-auction for 314,000 MT Iron ore on 09 July’15.
The base prices has been kept unchanged as compared to previous auction. However, there is 9% reduction in base prices of iron ore lump 62 grade offered by Koira Mines.
The material has been offered from following mines- Barbil, Daitari & Koira Mines.
| Region | Size (mm) | Fe% | Base Price as on 09 July’15 | Base Price as on 17 June’15 | Base Price as on 25 May’15 | Base Price as on 02 Apr’15 | Change | Total Qty Offered |
| Daitari | 10-40 | 62 | 2,600 | – | 2,600 | – | 0 | 120,000 |
| Daitari | (-) 10 | 64-62 | 1,700 | – | 1,700 | – | 0 | 60,000 |
| Koira Mines | 10-40 | 62 | 2,900 | 3,200 | – | – | -9% | 130,000 |
| Barbil | (-) 10 | 60-62 | 1,500 | – | – | 1,500 | 0 | 4,000 |
| Total | 314,000 |
Prices in INR/MT
Qty in MT
Source: SteelMint Research
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