Tag: OMC Iron Ore E-auction

OMC Iron Ore E-auction Receive Overwhelming Response, Fines Attract High Bids

Apr 7, 2017

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by

Nishtha Mukherjee

in Uncategorized

Orissa Mining Corporation (OMC), conducted e-auction yesterday (i.e. on 6 Apr’17) for 627,000 MT iron ore. The offered quantity consisted of 425,000 MT lump and 202,000 MT fines. The material put under hammer was from Gandhamardan, Daitari and Koira mines. The miner has raised base prices for this e-auction by 36% against the previous auction.…