Tag: IRON ORE
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India: OMC iron ore fines auction receives weak response
OMC booked 6.39 lakh tonnes, or 53%, of September’s fines auction Winning bids rose ₹350-950/t, led by Jilling Fe 60-62% at +₹950/t Odisha Mining Corporation’s (OMC) September iron ore fines auction saw 6.39 lakh tonnes booked against 12.05 lakh tonnes offered, translating into a booking rate of around 53%. The auction witnessed a broad-based rise…