Tag: OMC Iron Ore E-auction

Company’s auction received an overwhelming response. Koira mines’ whose most of the material was offered fetched bids 33% higher than base prices. State-owned Odisha Mining Corporation (OMC), recently conducted e-auction for 905,000 MT iron ore on 28 Sept’16. The company received an overwhelming response. Around 855,000 MT material received bids out of the total offered quantity.…