{"id":66349,"date":"2026-05-19T16:23:14","date_gmt":"2026-05-19T10:23:14","guid":{"rendered":"https:\/\/biztrend24.com\/?p=66349"},"modified":"2026-05-19T16:23:14","modified_gmt":"2026-05-19T10:23:14","slug":"india-omc-keeps-base-prices-steady-for-upcoming-chrome-ore-auction","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=66349&lang=en","title":{"rendered":"India: OMC keeps base prices steady for upcoming chrome ore auction"},"content":{"rendered":"<p>Odisha Mining Corporation (OMC) has scheduled chrome ore auction for 131,800 t on 20 May&#8217;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 demand could likely be the reasons for stability in base prices.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Odisha Mining Corporation (OMC) has scheduled chrome ore auction for 131,800 t on 20 May&#8217;26,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":66350,"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-66349","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\/05\/Untitled-design-2026-05-19T162255.405.jpg?fit=1280%2C720&ssl=1?v=1779186188",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-2026-05-19T162255.405.jpg?resize=150%2C150&ssl=1?v=1779186188",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-2026-05-19T162255.405.jpg?fit=300%2C169&ssl=1?v=1779186188",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-2026-05-19T162255.405.jpg?fit=640%2C360&ssl=1?v=1779186188",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-2026-05-19T162255.405.jpg?fit=640%2C360&ssl=1?v=1779186188",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-2026-05-19T162255.405.jpg?fit=1280%2C720&ssl=1?v=1779186188",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-2026-05-19T162255.405.jpg?fit=1280%2C720&ssl=1?v=1779186188",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-2026-05-19T162255.405.jpg?resize=1115%2C715&ssl=1?v=1779186188",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-2026-05-19T162255.405.jpg?resize=800%2C500&ssl=1?v=1779186188",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-2026-05-19T162255.405.jpg?fit=1024%2C576&ssl=1?v=1779186188",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-2026-05-19T162255.405.jpg?resize=540%2C340&ssl=1?v=1779186188",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-2026-05-19T162255.405.jpg?resize=400%2C250&ssl=1?v=1779186188",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"<a href=\"https:\/\/biztrend24.com\/?cat=313&#038;lang=en\" rel=\"category\">Iron &amp; Steel<\/a>","tag_info":"Iron &amp; Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-2026-05-19T162255.405.jpg?fit=1280%2C720&ssl=1?v=1779186188","jetpack-related-posts":[{"id":57627,"url":"https:\/\/biztrend24.com\/?p=57627&lang=en","url_meta":{"origin":66349,"position":0},"title":"India: Base prices rise 13% m-o-m for OMC&#8217;s upcoming chrome ore auction","author":"Biz Trend 24","date":"February 18, 2026","format":false,"excerpt":"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\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T160051.239.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T160051.239.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T160051.239.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T160051.239.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-18T160051.239.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":66732,"url":"https:\/\/biztrend24.com\/?p=66732&lang=en","url_meta":{"origin":66349,"position":1},"title":"India: Bids decline by INR 900\/t m-o-m in OMC&#8217;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 &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; 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":[]},{"id":51311,"url":"https:\/\/biztrend24.com\/?p=51311&lang=en","url_meta":{"origin":66349,"position":2},"title":"India: OMC to conduct 2,500 t HC ferro chrome auction on 24 Dec&#8217;25","author":"Biz Trend 24","date":"December 21, 2025","format":false,"excerpt":"Odisha Mining Corporation (OMC) has scheduled an auction on 24 Dec'25 for 2,500 t of high-carbon ferro chrome across multiple grades and sizes (Cr: 50-64%, 0-100 mm). The base price for the largest lot of 1,500 t (Cr: 60-64%, 10-100 mm) is set at INR 105,500\/t exw. BigMint assessed HC\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-21T172026.079.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-21T172026.079.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-21T172026.079.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-21T172026.079.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-21T172026.079.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":63898,"url":"https:\/\/biztrend24.com\/?p=63898&lang=en","url_meta":{"origin":66349,"position":3},"title":"India: Bids surge by INR 250\/t m-o-m in OMC&#8217;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. 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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 &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; 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":51114,"url":"https:\/\/biztrend24.com\/?p=51114&lang=en","url_meta":{"origin":66349,"position":5},"title":"India: Bids for iron ore lumps drop by INR 250\/t m-o-m in OMC&#8217;s auction","author":"Biz Trend 24","date":"December 20, 2025","format":false,"excerpt":"In OMC's auction for 1.193 mnt of iron ore lumps (Fe 60-65%) on 19 Dec'25, the entire material was booked at INR 5,700-8,600\/t, with premiums of INR 1,050-3,300\/t. 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