In OMC’s auction for 1.14 mnt of iron ore lumps (Fe 60-65%) on 19 Jun’26, around 1.03 mnt (90%) were booked at INR 4,750-7,3-00\/t, with premiums of upto 19% over base prices. Weighted average bids fell by INR 250\/t m-o-m. Earlier, OMC had kept base prices stable for this month. The sharp decline in CDRI prices — by INR 1,000\/t m-o-m to INR 25,200\/t exw-Rourkela — led to the fall in bids.<\/p>\n","protected":false},"excerpt":{"rendered":"
In OMC’s auction for 1.14 mnt of iron ore lumps (Fe 60-65%) on 19 Jun’26,…<\/p>\n","protected":false},"author":1,"featured_media":68571,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[313],"tags":[],"class_list":["post-68570","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\/06\/Untitled-design-60-1.jpg?v=1781939651",1280,720,false],"thumbnail":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-60-1-150x150.jpg?v=1781939651",150,150,true],"medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-60-1-300x169.jpg?v=1781939651",300,169,true],"medium_large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-60-1-768x432.jpg?v=1781939651",640,360,true],"large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-60-1-1024x576.jpg?v=1781939651",640,360,true],"1536x1536":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-60-1.jpg?v=1781939651",1280,720,false],"2048x2048":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-60-1.jpg?v=1781939651",1280,720,false],"covernews-slider-full":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-60-1-1115x715.jpg?v=1781939651",1115,715,true],"covernews-slider-center":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-60-1-800x500.jpg?v=1781939651",800,500,true],"covernews-featured":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-60-1-1024x576.jpg?v=1781939651",1024,576,true],"covernews-medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-60-1-540x340.jpg?v=1781939651",540,340,true],"covernews-medium-square":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-60-1-400x250.jpg?v=1781939651",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\/06\/Untitled-design-60-1.jpg?v=1781939651","_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/68570","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=68570"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/68570\/revisions"}],"predecessor-version":[{"id":68572,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/68570\/revisions\/68572"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/68571"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=68570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=68570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=68570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}