At OMC’s chrome ore auction today, 37,100 t of material was booked out of 84,500 t offered. Bid prices showed varied trends with some grades going up by 6-27% (INR 943-5,378/t) while for others, it dropped by 12-18% (INR 2,814-4890/t ) m-o-m.However, as compared to the base price, premiums went up by 5-42% (INR 800-8,900/t).
Leave a Reply