Tag: Iron ore e-auction

India: OMC cuts Base Prices by upto 21% for forthcoming Iron Ore E-auction

May 20, 2015

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by

Nishtha Mukherjee

in Uncategorized

Odisha Mining Corporation (OMC) has put forward 256,000 MT Iron ore (110,000 MT Fines & 146,000 MT Lump ) to re-auction through MSTC. The company has cut CLO & fines prices by upto 21% and 14% respectively. E-auction is scheduled on 25 May’15. The material offered are from Barbil, Gandhamardan, and Daitari mines. OMC had…