Tag: iron ore auction results India
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India: Bids remain stable m-o-m in OMC’s Dec’25 iron ore fines auction
In OMC’s iron ore fines auction for 2.22 mnt (Fe 51-62%) on 19 Dec’25, around 2.14 mnt (97%) was booked at INR 2,500-6,000/t. The lots received premiums ranging from INR 50 to 1,100/t, with INR 750/t being the average premium over base prices. Bids (weighted average) remained stable m-o-m.