Tag: OMC e auction

OMC has scheduled its next iron ore lump e-auction on 1st June’20. The auction is being conducted for for 571,500 MT iron ore lumps, out of which 570,000 MT is DR-CLO and remaining 1,500 MT is lumps. They have reduced the base price, substantially from the last lump auction held on 28th Apr’20. The base…