Tag: OMC seized iron ore fines

India: OMC seized iron ore auction fails to attract buyers

Nov 17, 2021

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by

Monika Bajaj

in Fines/Lumps

Odisha Mining Corporation (OMC) had scheduled an e-auction for seized iron ore fines (Fe 63.11%) on 12 Nov’21. The allotted quantity of 25,000 t was being offered by Paradip Port. The floor price for the auction was set at INR 8,100/t (including royalty, DMF and NMET). According to latest information available with SteelMint, the auction…