Tag: OMC Iron Ore E-auction

India: OMC Iron Ore E-auction Fetches Good Response; 80% of the Material Booked

Oct 5, 2017

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by

Nishtha Mukherjee

in Uncategorized

Entire quantity of iron ore lump offered from Koira mines was sold at a premium of 2% over base price. Odisha Mining Corporation (OMC), a state-owned miner conducted iron ore e-auction yesterday (i.e on 4 Oct’17) for 310,000 MT iron ore lump. The material put under hammer was from Gandhamardan, Daitari and Koira mines. The…