Tag: OMC Iron Ore E-auction

State-controlled miner OMC, has recently conducted an e-auction for 245,000 MT iron ore (110,000 MT CLO & 135,000 MT fines) on 21 June’16.  The company received an extremely poor response. Only 10,000 MT was sold out of the total offered quantity. The miner put 245,000 MT iron ore under e-auction from Gandhamardan mines. Since from last…