Tag: OMC Auction
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India: OMC lowers base prices for upcoming iron ore auctions
State-run Odisha Mining Corporation (OMC) has scheduled auctions for iron ore fines and lumps on 3 Dec’21. Around 800,000 t of iron ore lumps and 1.1 mn t of fines will be put up for auction from OMC’s mines. The miner has cut the base price for fines by up to INR 1,000/t and that…