Tag: OMC Chrome Ore Auction Result
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India: 22,400t chrome ore booked in OMC’s auction, bids rise
At the OMC chrome ore auction, 22,400 t were sold. Bid prices rose 5.63-21% (INR 1,457-4,088/t) for grades below 50%, but remained largely stable for grades above 52% against last month. Premiums of 16.74-71.14% (INR 3,200-15,800/t) were secured over the set base price.