Tag: OMC Iron Ore E-auction

State owned miner – OMC (Odisha Mining Corporation) conducted an e-auction yesterday (i.e 5 Jul’17) for 249,000 MT iron ore fines. As per report of market participants the e-auction fetched poor response with almost entire quantity remaining unsold. The material put under hammer is from Gandhamardan, Daitari and Koira mines. The miner had cut iron…