Tag: OMC Iron Ore
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India: Entire quantity booked in OMC’s iron ore lump auction; bids rise
Odisha’s state-owned miner- Odisha Mining Corporation (OMC) had scheduled iron ore e-auction today (1st Oct’20) for 668,000 t iron ore lumps. The auction received overwhelming response with entire quantity being booked with hike in bids upto INR 1,850/t. Few sources, indicated that bids received in OMC auction are in line with current market offers. The…