Tag: OMC Iron Ore
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India: Bid prices surge in OMC’s iron ore lump e-auction
Odisha’s state-owned miner- Odisha Mining Corporation (OMC) had scheduled iron ore e-auction today (2nd Dec’20) for 910,000 t iron ore lumps. The auction received an overwhelming response with the entire quantity of 910,000 t being booked with hike in bids upto INR 3,800/t. The miner had increased the base price by upto INR 1,600/t against…