Odisha Mining Corporation (OMC) will conduct a chrome ore auction of 114,600t on 19 Feb’26, marking a 6,200t increase m-o-m. Base prices climbed, with grades above 40% up by 13% (INR2,598 – 3,340\/t) m-o-m and below 40% grade rising by 10% (INR997\/t). The rise is likely due to a surge in ferro chrome prices of INR14,500\/t ($158\/t) m-o-m in February amid tight spot material availability.<\/p>\n","protected":false},"excerpt":{"rendered":"
Odisha Mining Corporation (OMC) will conduct a chrome ore auction of 114,600t on 19 Feb’26,…<\/p>\n","protected":false},"author":1,"featured_media":57628,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[313],"tags":[],"class_list":["post-57627","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T160051.239.jpg?fit=1280%2C720&ssl=1?v=1771408867",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T160051.239.jpg?resize=150%2C150&ssl=1?v=1771408867",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T160051.239.jpg?fit=300%2C169&ssl=1?v=1771408867",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T160051.239.jpg?fit=640%2C360&ssl=1?v=1771408867",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T160051.239.jpg?fit=640%2C360&ssl=1?v=1771408867",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T160051.239.jpg?fit=1280%2C720&ssl=1?v=1771408867",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T160051.239.jpg?fit=1280%2C720&ssl=1?v=1771408867",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T160051.239.jpg?resize=1115%2C715&ssl=1?v=1771408867",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T160051.239.jpg?resize=800%2C500&ssl=1?v=1771408867",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T160051.239.jpg?fit=1024%2C576&ssl=1?v=1771408867",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T160051.239.jpg?resize=540%2C340&ssl=1?v=1771408867",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T160051.239.jpg?resize=400%2C250&ssl=1?v=1771408867",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"Iron & Steel<\/a>","tag_info":"Iron & Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T160051.239.jpg?fit=1280%2C720&ssl=1?v=1771408867","jetpack-related-posts":[{"id":66349,"url":"https:\/\/biztrend24.com\/?p=66349&lang=en","url_meta":{"origin":57627,"position":0},"title":"India: OMC keeps base prices steady for upcoming chrome ore auction","author":"Biz Trend 24","date":"May 19, 2026","format":false,"excerpt":"Odisha Mining Corporation (OMC) has scheduled chrome ore auction for 131,800 t on 20 May'26, with offered volume up by 7,400 t m-o-m. Base prices across all grades remained largely stable, edging up slightly by 0.1-0.2% (INR 10-51\/t). Slight improvement in ferro chrome prices this month along with good export\u2026","rel":"","context":"In "Iron & Steel"","block_context":{"text":"Iron & Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-2026-05-19T162255.405.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-2026-05-19T162255.405.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-2026-05-19T162255.405.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-2026-05-19T162255.405.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-2026-05-19T162255.405.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":63901,"url":"https:\/\/biztrend24.com\/?p=63901&lang=en","url_meta":{"origin":57627,"position":1},"title":"India: Bids edge down m-o-m at OMCs chrome ore auction","author":"Biz Trend 24","date":"April 19, 2026","format":false,"excerpt":"At OMC's chrome ore auction today, 70,900 t was sold out of 124,400 t offered. Bids moved down m-o-m for all grades by 0.4-7% (INR 96-1,826\/t). As compared to base prices, bid premiums were largely stable. The recent stagnation in the ferro chrome market accounts for the drop in bids.","rel":"","context":"In "Iron & Steel"","block_context":{"text":"Iron & Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-44-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-44-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-44-1.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-44-1.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-44-1.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":67019,"url":"https:\/\/biztrend24.com\/?p=67019&lang=en","url_meta":{"origin":57627,"position":2},"title":"India: Odisha iron ore fines index decline INR 400\/t ($4\/t) amid weak market post OMC auction","author":"Biz Trend 24","date":"May 24, 2026","format":false,"excerpt":"OMC bids drop INR 700-900\/t m-o-m Private miners yet to revise fresh offers BigMint's Odisha iron ore fines (Fe 62%) index reduced by INR 400\/t w-o-w to INR 5,100\/t ($53\/t) ex-mines on Saturday, 23 May 2026. BigMint recorded deals for around 200,000 t this week, concluded directly between steelmakers and\u2026","rel":"","context":"In "Iron & Steel"","block_context":{"text":"Iron & Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-23-8.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-23-8.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-23-8.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-23-8.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-23-8.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":67158,"url":"https:\/\/biztrend24.com\/?p=67158&lang=en","url_meta":{"origin":57627,"position":3},"title":"India: Odisha iron ore fines index decline INR 400\/t ($4\/t) amid weak market post OMC auction","author":"Biz Trend 24","date":"May 25, 2026","format":false,"excerpt":"OMC bids drop INR 700-900\/t m-o-m Private miners yet to revise fresh offers BigMint's Odisha iron ore fines (Fe 62%) index reduced by INR 400\/t w-o-w to INR 5,100\/t ($53\/t) ex-mines on Saturday, 23 May 2026. BigMint recorded deals for around 200,000 t this week, concluded directly between steelmakers and\u2026","rel":"","context":"In "Iron & Steel"","block_context":{"text":"Iron & Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-47-4.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-47-4.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-47-4.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-47-4.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-47-4.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":63904,"url":"https:\/\/biztrend24.com\/?p=63904&lang=en","url_meta":{"origin":57627,"position":4},"title":"India: Bids decline by INR 300\/t ($3\/t) m-o-m in OMC’s iron ore fines auction for Apr’26","author":"Biz Trend 24","date":"April 19, 2026","format":false,"excerpt":"In OMC's iron ore fines auction for 1.972 mnt (Fe 51-62%) on 18 Apr'26, 1.575 mnt (79%) was booked at INR 3,750-5,700\/t. Some lots received premiums of INR 50-600\/t over base prices, with INR 175\/t being the average premium. However, weighted average bids dropped by INR 300\/t m-o-m. Base prices\u2026","rel":"","context":"In "Iron & Steel"","block_context":{"text":"Iron & Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-46-2.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-46-2.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-46-2.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-46-2.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-46-2.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":66732,"url":"https:\/\/biztrend24.com\/?p=66732&lang=en","url_meta":{"origin":57627,"position":5},"title":"India: Bids decline by INR 900\/t m-o-m in OMC’s iron ore lumps auction","author":"Biz Trend 24","date":"May 21, 2026","format":false,"excerpt":"In OMC's auction for 1.3 mnt of iron ore lumps (Fe 60-65%) on 20 May'26, 1.24 mnt (95%) were booked at INR 4,750-7,100\/t, with average premiums of INR 600\/t over base prices. Weighted average bids fell by INR 900\/t m-o-m. Earlier, OMC had decreased base prices of lumps by INR\u2026","rel":"","context":"In "Iron & Steel"","block_context":{"text":"Iron & Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/ChatGPT-Image-May-21-2026-04_37_13-PM.png?fit=1200%2C800&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/ChatGPT-Image-May-21-2026-04_37_13-PM.png?fit=1200%2C800&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/ChatGPT-Image-May-21-2026-04_37_13-PM.png?fit=1200%2C800&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/ChatGPT-Image-May-21-2026-04_37_13-PM.png?fit=1200%2C800&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/ChatGPT-Image-May-21-2026-04_37_13-PM.png?fit=1200%2C800&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/57627","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=57627"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/57627\/revisions"}],"predecessor-version":[{"id":57629,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/57627\/revisions\/57629"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/57628"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=57627"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=57627"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=57627"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}