{"id":72811,"date":"2026-07-20T17:21:17","date_gmt":"2026-07-20T11:21:17","guid":{"rendered":"https:\/\/biztrend24.com\/?p=72811"},"modified":"2026-07-20T17:21:17","modified_gmt":"2026-07-20T11:21:17","slug":"india-omc-keeps-chrome-ore-offer-prices-largely-stable-for-upcoming-auction","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=72811&lang=en","title":{"rendered":"India: OMC keeps chrome ore offer prices largely stable for upcoming auction"},"content":{"rendered":"<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Offer volume decreases 3,800 t m-o-m<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Auction offers reflect stable market dynamics stability<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>Odisha Mining Corporation (OMC) has scheduled a chrome ore auction for 104,800 t on 20 July 2026, with the offered volume down 3,800 t m-o-m. Base prices for grades above 40% have been held stable, with a slight correction of 0.05% (INR 11-13\/t), while the base price for grades below 40% have been reduced by 0.5% (INR 54\/t).<\/p>\n<p>Offers reflect stable market fundamentals:<\/p>\n<p>Indian ferro chrome prices remained largely stable in July, averaging INR 122,800\/t exw, up marginally by INR 150\/t ($2\/t) m-o-m. Comfortable domestic material availability and elevated inventories amid subdued stainless steel demand led buyers to restrict procurement to immediate requirements. On the other hand, export commitments and lower standard-grade availability provided underlying support.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Offer volume decreases 3,800 t m-o-m Auction offers reflect stable market dynamics stability Odisha Mining&#8230;<\/p>\n","protected":false},"author":1,"featured_media":72812,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[313],"tags":[],"class_list":["post-72811","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\/07\/Untitled-design-2026-07-20T172026.341.jpg?v=1784546446",1280,720,false],"thumbnail":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341-150x150.jpg?v=1784546446",150,150,true],"medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341-300x169.jpg?v=1784546446",300,169,true],"medium_large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341-768x432.jpg?v=1784546446",640,360,true],"large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341-1024x576.jpg?v=1784546446",640,360,true],"1536x1536":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341.jpg?v=1784546446",1280,720,false],"2048x2048":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341.jpg?v=1784546446",1280,720,false],"covernews-slider-full":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341-1115x715.jpg?v=1784546446",1115,715,true],"covernews-slider-center":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341-800x500.jpg?v=1784546446",800,500,true],"covernews-featured":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341-1024x576.jpg?v=1784546446",1024,576,true],"covernews-medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341-540x340.jpg?v=1784546446",540,340,true],"covernews-medium-square":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341-400x250.jpg?v=1784546446",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:\/\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341.jpg?v=1784546446","_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/72811","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=72811"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/72811\/revisions"}],"predecessor-version":[{"id":72813,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/72811\/revisions\/72813"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/72812"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=72811"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=72811"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=72811"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}