Tag: OMC iron ore auction

India: OMC increases base price up to INR 300/t for upcoming iron ore lump e-auction

Jul 28, 2020

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by

Monika Bajaj

in Fines/Lumps

OMC has scheduled its next iron ore lump e-auction on 31st July’20. The auction is being conducted for 600,000 MT iron ore lumps, out of which 590,000 t is DR-CLO and remaining 10,000 t is lumps. The miner has increased the base price by up to INR 300/t. The base price of material put to…