India: OMC marginally reduces base prices for Jul'25 chrome ore auction
Odisha Mining Corporation (OMC) has scheduled an auction for 73,100 t of chrome ore on 19 Jul25, with the offered quantity reduced by 2,900 t m-o-m. Meanwhile, base prices of all grades were reduced marginally by 1% (INR 10-297/t). The slight drop was prompted by volatility in domestic ferro chrome prices, coupled with weak market sentiments and subdued downstream demand.