State-owned miner Odisha Mining Corporation (OMC) will conduct an auction for 35,100 t of chrome ore on 15 Nov’21. The base price for the auction has been reduced by 13% compared to the previous OMC auction due to declining domestic ferro chrome prices. Ferro chrome prices are at INR 121,700/t ex-Jajpur, lower by 10% m-o-m.
Leave a Reply