Tag: India OMC marginally lowers base price for July 25 chrome ore auction
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India: OMC marginally reduces base prices for Jul’25 chrome ore auction
Odisha Mining Corporation (OMC) has scheduled an auction for 73,100 t of chrome ore on 19 Jul’25, with the offered quantity reduced by 2,900 t m-o-m. Meanwhile, base prices of all grades were reduced marginally by 1% (INR 10-297/t). The slight drop was prompted by volatility in domestic ferro chrome prices, coupled with weak market…