Tag: OMC Iron Ore
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India: OMC slashes floor price in upcoming iron ore e-auctions
State-owned miner Odisha Mining Corporation (OMC) has scheduled iron ore lumps and fines e-auction on 1 Oct’21. About 781,000 t of iron ore lumps and 942,000 t fines will be put up for auction. For lumps, in the upcoming auction, the miner has reduced the base price by upto INR 4,100/t as against the base…