Tag: OMC iron ore auction
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India: OMC cuts base prices for upcoming iron ore fines e-auction
State-run Odisha Mining Corporation (OMC) has scheduled an auction for iron ore fines and lumps on 19 Aug’22. Around 1.43 mnt of fines and 0.96 mnt of lumps will be put up for auction from OMC’s mines. The miner has decreased the base price for fines by up to INR 600/t whereas the base price…