Tag: Base price edge down at OMC chrome ore auction

Odisha Mining Corporation (OMC) has scheduled an auction for 93,800 t of chrome ore on 19 Nov’25, with the offered volume increasing by 7,400 t m-o-m. Base prices of most grades were reduced by 1.2% m-o-m (INR 248-335/t), except for the below 40% grades, which remained unchanged. The reduction likely reflects an INR 2,700/t m-o-m…