{"id":63904,"date":"2026-04-19T16:24:34","date_gmt":"2026-04-19T10:24:34","guid":{"rendered":"https:\/\/biztrend24.com\/?p=63904"},"modified":"2026-04-19T16:24:34","modified_gmt":"2026-04-19T10:24:34","slug":"india-bids-decline-by-inr-300-t-3-t-m-o-m-in-omcs-iron-ore-fines-auction-for-apr26","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=63904&lang=en","title":{"rendered":"India: Bids decline by INR 300\/t ($3\/t) m-o-m in OMC’s iron ore fines auction for Apr’26"},"content":{"rendered":"

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 of fines were increased by INR 250-300\/t m-o-m for for few lots in the auction.<\/p>\n","protected":false},"excerpt":{"rendered":"

In OMC’s iron ore fines auction for 1.972 mnt (Fe 51-62%) on 18 Apr’26, 1.575…<\/p>\n","protected":false},"author":1,"featured_media":63905,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[313],"tags":[],"class_list":["post-63904","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"featured_image_urls":{"full":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-46-2.jpg?v=1776594267",1280,720,false],"thumbnail":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-46-2-150x150.jpg?v=1776594267",150,150,true],"medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-46-2-300x169.jpg?v=1776594267",300,169,true],"medium_large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-46-2-768x432.jpg?v=1776594267",640,360,true],"large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-46-2-1024x576.jpg?v=1776594267",640,360,true],"1536x1536":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-46-2.jpg?v=1776594267",1280,720,false],"2048x2048":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-46-2.jpg?v=1776594267",1280,720,false],"covernews-slider-full":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-46-2-1115x715.jpg?v=1776594267",1115,715,true],"covernews-slider-center":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-46-2-800x500.jpg?v=1776594267",800,500,true],"covernews-featured":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-46-2-1024x576.jpg?v=1776594267",1024,576,true],"covernews-medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-46-2-540x340.jpg?v=1776594267",540,340,true],"covernews-medium-square":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-46-2-400x250.jpg?v=1776594267",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:\/\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-46-2.jpg?v=1776594267","_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/63904","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=63904"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/63904\/revisions"}],"predecessor-version":[{"id":63906,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/63904\/revisions\/63906"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/63905"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63904"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63904"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63904"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}