Davis Index: Market Intelligence for the Global Metals and Recycled Materials Markets

Odisha state secretary for steel and mines Deepak Mohanty, on Tuesday, stated the government auction 10 more iron ore blocks.  The government will invite bids in the coming few days. The state has auctioned 19 iron ore mines until now, of which, 12 are already producing iron-ore.


Production is likely to go up to 30mn mt this fiscal year which could go up to 60mn mt by 2026, with the new blocks and accelerated pace of output by Odisha Mining Corporation (OMC), he further added.

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