Tag: OMC Iron Ore
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India: Price bids fall by INR 2,200/t as OMC iron ore e-auction receives lukewarm response
Bids fall sharply against last auction despite entire quantity getting booked Odisha’s iron ore production increased by 10% m-o-m in Dec’20 Sponge iron (C-DRI) prices have come down by INR 4,000/t m-o-m Odisha’s state-owned miner- Odisha Mining Corporation (OMC) had scheduled iron ore e-auction yesterday (01st Feb’21) for 933,000 t iron ore lumps. Entire quantity…