Tag: OMC
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India: OMC Iron Ore Tender fetch thin Response from Steel Mills; Prices down by INR 150 to 1,000/MT
Orissa Mining Corporation, a state-owned miner which had floated a tender for sale of 85,000 MT Iron ore lumps for Q1 FY15, has received very thin response from the steel mills. Sources who participated in this tender mentioned that only 8 participants were interested for it. Also, prices went down by INR 150-1,000/MT. OMC produces…