At OMC’s chrome ore auction today, 51,050 t was sold out of 73,100 t offered. Bids showed mixed trends m-o-m, dropping by 0.1–2% (INR 10-465) for the majority of grades and rising by 1–3% (INR 213-290/t) for some. As compared to base prices, final bids fetched premiums up to 4%. The auction showcased the trend of limited movement in ferro chrome prices in the domestic market.
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