India: OMC lowers base price for upcoming chrome ore auction

Odisha Mining Corporation (OMC) has scheduled a chrome ore auction for 104,300 t on 19 Mar’26, with the offered volume down by 10,300 t m-o-m. Base prices of all grades have been reduced by 2% (INR 228-595/t) m-o-m. Lower ferro chrome prices in Mar’26 along with need based buying could likely be the reasons for the reduction in base prices.


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