Odisha Mining Corporation (OMC) has restricted traders from participating in its monthly national iron ore e-auctions, effective from April’26, thereby limiting access solely to end-use steel industries. OMC offered 35.8 mnt in e-auctions in FY’26, selling 32.3 mnt, while total iron ore production reached 40.02 mnt. Market participants expect price volatility and reduced arbitrage opportunities in the near term.<\/p>\n","protected":false},"excerpt":{"rendered":"
Odisha Mining Corporation (OMC) has restricted traders from participating in its monthly national iron ore…<\/p>\n","protected":false},"author":1,"featured_media":62946,"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-62945","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\/04\/Untitled-design-12-1.jpg?fit=1280%2C720&ssl=1?v=1775641469",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-12-1.jpg?resize=150%2C150&ssl=1?v=1775641469",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-12-1.jpg?fit=300%2C169&ssl=1?v=1775641469",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-12-1.jpg?fit=640%2C360&ssl=1?v=1775641469",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-12-1.jpg?fit=640%2C360&ssl=1?v=1775641469",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-12-1.jpg?fit=1280%2C720&ssl=1?v=1775641469",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-12-1.jpg?fit=1280%2C720&ssl=1?v=1775641469",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-12-1.jpg?resize=1115%2C715&ssl=1?v=1775641469",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-12-1.jpg?resize=800%2C500&ssl=1?v=1775641469",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-12-1.jpg?fit=1024%2C576&ssl=1?v=1775641469",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-12-1.jpg?resize=540%2C340&ssl=1?v=1775641469",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-12-1.jpg?resize=400%2C250&ssl=1?v=1775641469",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\/04\/Untitled-design-12-1.jpg?fit=1280%2C720&ssl=1?v=1775641469","jetpack-related-posts":[{"id":63898,"url":"https:\/\/biztrend24.com\/?p=63898&lang=en","url_meta":{"origin":62945,"position":0},"title":"India: Bids surge by INR 250\/t m-o-m in OMC’s iron ore lumps auction","author":"Biz Trend 24","date":"April 19, 2026","format":false,"excerpt":"In OMC's auction for 1.44 mnt of iron ore lumps (Fe 60-65%) on 18 Apr'26, 1.23 mnt (85%) were booked at INR 5,650-8,350\/t, with average premiums of INR 600\/t over base prices. Weighted average bids rose by INR 250\/t m-o-m. Earlier, OMC had raised 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\/04\/Untitled-design-43-1.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-43-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-43-1.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-43-1.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-43-1.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":54706,"url":"https:\/\/biztrend24.com\/?p=54706&lang=en","url_meta":{"origin":62945,"position":1},"title":"India: Bids for iron ore lumps remain firm m-o-m in OMC’s auction","author":"Biz Trend 24","date":"January 20, 2026","format":false,"excerpt":"In OMC's auction for 1.414 mnt of iron ore lumps (Fe 60-65%) on 19 Jan'26, the entire material was booked at INR 5,500-7,700\/t, with premiums of INR 100-1,950\/t. Weighted average bids remained largely stable m-o-m. Earlier, OMC had raised the base prices of lumps by INR 800\/t. A hike of\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\/01\/OMC-Lumps-19-Jan26.png?fit=709%2C567&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/OMC-Lumps-19-Jan26.png?fit=709%2C567&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/OMC-Lumps-19-Jan26.png?fit=709%2C567&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/OMC-Lumps-19-Jan26.png?fit=709%2C567&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":62501,"url":"https:\/\/biztrend24.com\/?p=62501&lang=en","url_meta":{"origin":62945,"position":2},"title":"India: NMDC raises iron ore prices from Chhattisgarh mines by INR 450-550\/t ($5-6\/t) for April","author":"Biz Trend 24","date":"April 5, 2026","format":false,"excerpt":"Prices of all grades rise for Apr'26 delivery Higher steel prices in FY26 end supports iron ore prices India's largest merchant iron ore mining company, NMDC, announced its list prices of iron ore CLO (calibrated lump ore) and fines on 5 April 2026, BigMint learnt from sources. 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