Tag: OMC

India: OMC iron ore lump auction bids increase up to INR 3,800/t ($ 52)

Dec 2, 2020

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by

Monika Bajaj

in Fines/Lumps

State-owned miner – Orissa Mining Corporation (OMC) in today’s iron ore lump e-auction received an overwhelming response. Entire material offered for 910,000 t fetched bids with bids increasing upto INR 3,800/t over the set base price. The miner had raised base by upto INR 1,600/t against last auction’s base price held on 1st Oct’20.