More than 50 companies are vying for 10 iron ore blocks notified for auctions by the Odisha government.All of the blocks are lapsing merchant mines whose validity ceases by March 31, 2020.
At a pre-bid conference convened by the state steel & mines department, more than 50 companies turned up. Apart from top notch steel producers like Tata Steel, JSW Steel, Jindal Steel & Power Ltd (JSPL) and ArcelorMittal, all leading merchant miners in Odisha and Goa as well as secondary steel makers participated at a pre-bid conference recently.
“We had an overwhelming turnout at the pre-bid conference. It is