SteelMint

Tag: OMC

  • OMC Iron Ore E-auction Receives Weak Response

    OMC Iron Ore E-auction Receives Weak Response

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    by

    Parul Jain
    in

    Only 29% of the offered material was sold via e-auction conducted on 01 June’16. State-controlled miner OMC, has recently conducted an e-auction for 815,000 MT iron ore (560,000 MT CLO & 255,000 MT fines) on 01 June’16.  The company sold around 29% of the offered quantity i.e. 237,000 MT mainly from Gandhamardan, Koira and Daitari mines.…