Tag: OMC Iron Ore E-auction
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Orissa Mining Corp Receives Better Response in Latest Iron Ore Auction
41% iron ore sold in OMC’s recent iron ore e-auction. In its iron ore e-auction conducted yesterday, OMC fetched comparatively better response from its previously conducted auctions, due to new transport charges fixed by the state govt. which will cut cost of transportation for state based steel mills. The company offered 518,000 MT from its…