Tag: BigMint iron ore news

India: OMC cuts iron ore auction base prices by over INR 1,000/t ($10/t) for May’26

May 18, 2026

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by

Adarsh Sahu

in Fines/Lumps

Base price of fines cut by INR 200-900/t, lumps by INR 150-1,100/t Miner offers 1.3 mnt lumps and 1.975 mnt fines in auction Major merchant iron ore miner, Odisha Mining Corporation (OMC), has reduced the base prices of iron ore fines and lumps for its upcoming auction scheduled on 20 May 2026, BigMint learnt from…