India: OMC raises base price for upcoming chrome ore auction

Odisha Mining Corporation (OMC) will auction 104,600 t of chrome ore on 19 Apr’25, with the offered volume lower by 10,400 t m-o-m. However, base prices of most grades rose 2-3% (INR 189-675/t) m-o-m. This hike could be attributed to a slight improvement in market sentiment in both India and China.


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