India: Base prices rise 2% m-o-m at OMC's chrome ore auction
Odisha Mining Corporation (OMC) has scheduled an auction for 86,400 t of chrome ore on 17 Oct'25, with the offered volume rising by 6,300 t m-o-m. Base prices of almost all the grades were raised by 2% m-o-m (INR 482-650/t), while the below-40 grade was up by 0.4% (INR 40/t). The rise in base prices could be attributed to an INR 2,200/t m-o-m rise in ferro chrome prices in Oct'25.