Author: Vijay Kumar
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India: OMC reduces base prices by 2% m-o-m for Aug’26 chrome ore auction
Weaker ferro chrome market prompts price reduction Offered volume remains stable m-o-m Odisha Mining Corporation (OMC) is set to conduct its next chrome ore auction on 19 August 2026, offering around 104,700 t, largely unchanged m-o-m from the 104,800 t offered in the previous auction. However, OMC has reduced base prices across grades by around…