Tag: Chrome ore Auctions
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India: OMC increases base price by 23% in the upcoming chrome ore auctions
Indian chrome ore miner, OMC has increased the base price further by 23% m-o-m for the upcoming auction on 15th Mar ’21. The increase can be attributed to rising ferrochrome prices. Most buyers were cautious of booking material from OMC last month due to a sharp increase in prices. However, the buyers are now low…