Odisha Mining Corporation Limited (OMCL) auctioned various grades of ferro chrome today. Out of 4,950 t, 2,000 t high-carbon (HC) ferro chrome (Cr: 60-64%, 10-100mm) were sold at INR 100,000/t exw. Additionally, 100 t low silicon 2% HC ferro chrome (Cr: 60-63%, 10-100 mm) out of 200 t were sold at INR 105,626/t. Market sentiment remains under pressure due to weak demand and auction anticipation.
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