Tag: OMC Chrome Ore Auction Result
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India: OMC Chrome Ore Auctions Receives Overwhelming Response
State-Owned, Odisha Mining Corporation (OMC) conducted the e-auction on 25 Nov’19. The auction received an overwhelming response, as almost the entire quantity was booked at approximately 40% higher than the base price. OMC lowered its base prices by up to 33% for the Nov auctions. Although the auction received much higher bids, yet it was…