Tag: OMC Chrome Ore Auction
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India: OMC Chrome Ore Auction Receives Overwhelming Response
State-Owned, Odisha Mining Corporation (OMC) conducted the e-auction on 25 Sep’19. The auction received an overwhelming response as the entire quantity was booked at approximately 27% higher than the base price. In the current scenario, the Ferro Chrome Producers were out of inventory and were waiting for the auctions. In line with the recent increase…