India: OMC invites Sale of 65,000 MT Chrome Ore through Auction

60,000 MT of friable and 5,000 MT concentrate on offer.

Bhubaneswar: MSTC will conduct e-auction on behalf of Odisha government controlled miner, OMC for sale of 60,000 MT of friable and 5,000 MT of concentrate Chrome ore on 18 Jun, 2014.

70% of total auctioned quantity is reserved for state based industries and 30% for industries located outside state. 

In the last e-auction held on 13th of May, prices were increased across all the grades. Last time 55,000 MT of friable and 7,500 MT of concentrate was on offer.

 Last OMC Chrome Ore E-auction (13 May, 2014)

Grade

Inside-state

Outside-state

54+

                  14,524

                       14,524

52-54

                 13,442

                       13,486

50-52

                 11,254

                       11,294

48-50

                 11,363

                       11,414

46-48

                 10,784

                       10,834

44-46

                    9,811

                         9,855

42-44

                    8,531

                         8,575

 All prices in INR/MT

 

Comments

Leave a Reply

Your email address will not be published. Required fields are marked *