India: JSL awarded Highest Allocation in OMC Chrome Ore Auction

Bhubaneswar: Jindal Stainless Limited (JSL) has got the highest allocation of 15,300 MT Friable ore among the inside -state (Odisha) bidders in the August round of Chrome ore e-auction followed by Visa Steel with 10,700 MT.

Meanwhile, Rohit Ferrotech has got an allocation of 9,700 MT. Whereas, Aarti Steel and Jabamayee Ferro Alloys have managed to receive allocation of 3,000 MT and 2,000 MT respectively.

On the other hand, among the outside state buyers, Srivasavi has got highest allocation of 6,400 MT. Whereas, Tirumala Balajee and Rohit Ferrotech have allocation of 4,500 MT and 5,600 MT respectively.

At the same time, JSL has got highest allocation of 2,000 MT Concentrate Chrome ore. However, Rohit Ferrotech and VISA have allocation of 1,500 MT each.

Next round of Chrome ore e-auction is expected to be held on 20 Sep, 2014.

OMC Chrome ore e-auction (August, 2014)
Friable: 60,100 MT
Concentrate: 5,000 MT

Inside-State Quota

Outside-State Quota (South Kaliapani)

Grade

Current Price

Previous Price

Current Price

Previous Price

54+

15,989

15,193

14,389

12, 193

52-54

14,145

15,760

12,545

11,560

50-52

15,130

13,687

10,430

9,387

48-50

12,545

15,515

11,645

10,812

46-48

8,960

12,436

11,960

8,936

44-46

12,274

10,961

9,764

8,661

42-44

12,589

10,585

8,489

8,285

Concentratred

Grade

Current Price

Previous Price

42-44

10,746

12,033

46-48

12,514

12,781

50-52

14,108

Allocations in MT

 

Inside-State

Outside-State

Company

Quanity

Company

Quanity

JSL

15,300

Rohit Ferrotech (Bishnupur)

5,600

VISA

10,700

Sri Basavi

6,400

Rohit Ferrotech

9,700

Tirumala Balajee

4,500

Arti Steel

3,000

 

 

Jabamayee

2,000

 

 

Concentrate

Company

Quanity

Visa

1,500

Rohit Ferro

1,500

JSL

2,000


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