Tag: Omc fines auction results

OMC conducted an auction for 1.828 mnt of iron ore fines (Fe 54-65%) on 19 Apr’24. Entire quantities of fines were booked at INR 2,850-5,600/t. Bids for fines have increased by INR 300-900/t for majority lots against last month’s bids, as per BigMint’s analysis. An increase in pellets price along with decent hike in sponge…