Tag: OMC Iron Ore E-auction

Odisha Mining Corporation (OMC) had recently conducted an e-auction for 389,000 MT iron ore (266,000 MT lumps & 123,000 MT fines) on 30 Nov’15. The company has received moderate response in the e-auction as almost 50% of the material offered is sold. This time the company had reduced base prices upto 31%. The material has…