Tag: OMC iron ore fines
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India: Bids drop in OMC’s iron ore fines auction
Odisha Mining Corporation (OMC) had scheduled an iron ore fines auction on 19 May’22 in which out of a total of 1.23 mn t of material, 936,000 t (76%) received bids. The bid prices in today’s auction fell up to INR 1,650/t against last month’s bid price. Iron ore prices in Odisha have tumbled to…