*Bids drop INR 350/t ($4/t) m-o-m in OMC's lumps auction; nearly 1 mnt sold* * Weightage average bids fell by INR 350/t m-o-m * Prices dropped due to weak sponge and steel tags https://www.bigmint.co/intel/detail/india-bids-drop-inr-350t-4t-m-o-m-in-omcs-lumps-auction-nearly-1-mnt-sold-33457