Tag: India OMC chrome ore auction result
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India: Bids rise marginally m-o-m at OMC’s chrome ore auction
About 96,400 t of material was booked out of 131,800 t offered at OMC’s chrome ore auction on 20 May . Bids edged up slightly across all grades by upto 6% (INR 10-1,545/t) m-o-m. Additionally, as compared to base price, premiums went above by upto 6% (INR 100-1,500/t). Key factors for rise in bids M-o-m…