Tag: OMC Chrome ore auctions
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India: OMC reduces floor price by 11% for upcoming chrome ore auction
State-owned chrome ore miner Odisha Mining Corporation (OMC) has reduced the base price for various grades of chrome ore by 11%* for its upcoming auction for 136,000 t to be held on 26 May’21. The decrease in base price for the auction was widely anticipated by market participants as it directly resulted from falling ferro…