Tag: OMC iron ore auction
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India: OMC iron ore lumps auction receives decent response, fines bids flat
State-owned miner Odisha Mining Corp (OMC) had scheduled an e-auction for iron ore fines and lumps today (3 Dec’21). Around 800,000 t of iron ore lumps and 1.1 mn t of fines were put up for auction from OMC’s mines. The miner had cut the base price for fines by up to INR 1,000/t and…