Tag: OMC Iron Ore E-auction

80% of iron lumps booked in re-auction after OMC cut base prices upto 21%. OMC’s iron ore re-auction for 276,000 MT (146,000 MT lumps & 130,000 MT fines) was conducted on 25 May’15. The company re-auctioned iron ore in order to sell the quantity left over in the auction conducted on 12 May’15, since the…