Tag: OMC Iron Ore E-auction

  • 49% Iron Ore Sold in OMC’s Iron Ore E-auction

    49% Iron Ore Sold in OMC’s Iron Ore E-auction

    Odisha Mining Corporation (OMC) has recently conducted an e-auction for 195,000 MT iron ore (120,000 MT fines & 75,000 MT lump) on 30 Dec’15. The company had received moderate responses in the e-auction as almost 49% of the material offered in the e-auction was sold. This time, the company had reduced the base prices by…