Tag: OMC Iron Ore

India: OMC iron ore lump auction receives modest response, 74% of material booked

Jul 31, 2021

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by

Monika Bajaj

in Fines/Lumps

State-owned commercial mining company, Odisha Mining Corporation’s (OMC), e-auction for iron ore lumps today received moderate participation, with 507,000 t of iron ore, or 74% of 687,000 t of material on offer, getting booked. The bids in the auction edged lower by around INR 1,050/t against bid price of last e-auction held on 2 June’21.…