{"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":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_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},"jetpack_post_was_ever_published":false},"categories":[313],"tags":[],"class_list":["post-72811","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\/07\/Untitled-design-2026-07-20T172026.341.jpg?fit=1280%2C720&ssl=1?v=1784546446",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341.jpg?resize=150%2C150&ssl=1?v=1784546446",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341.jpg?fit=300%2C169&ssl=1?v=1784546446",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341.jpg?fit=640%2C360&ssl=1?v=1784546446",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341.jpg?fit=640%2C360&ssl=1?v=1784546446",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341.jpg?fit=1280%2C720&ssl=1?v=1784546446",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341.jpg?fit=1280%2C720&ssl=1?v=1784546446",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341.jpg?resize=1115%2C715&ssl=1?v=1784546446",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341.jpg?resize=800%2C500&ssl=1?v=1784546446",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341.jpg?fit=1024%2C576&ssl=1?v=1784546446",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341.jpg?resize=540%2C340&ssl=1?v=1784546446",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341.jpg?resize=400%2C250&ssl=1?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:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172026.341.jpg?fit=1280%2C720&ssl=1?v=1784546446","jetpack-related-posts":[{"id":66349,"url":"https:\/\/biztrend24.com\/?p=66349&lang=en","url_meta":{"origin":72811,"position":0},"title":"India: OMC keeps base prices steady for upcoming chrome ore auction","author":"Biz Trend 24","date":"May 19, 2026","format":false,"excerpt":"Odisha Mining Corporation (OMC) has scheduled chrome ore auction for 131,800 t on 20 May'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\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\/Untitled-design-2026-05-19T162255.405.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-2026-05-19T162255.405.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-2026-05-19T162255.405.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-2026-05-19T162255.405.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/05\/Untitled-design-2026-05-19T162255.405.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":72814,"url":"https:\/\/biztrend24.com\/?p=72814&lang=en","url_meta":{"origin":72811,"position":1},"title":"India: Odisha iron ore fines index remains stable ahead of OMC auction","author":"Biz Trend 24","date":"July 20, 2026","format":false,"excerpt":"OMC schedules auction on 20 July for 2.5 mnt iron ore Lumps prices rise INR 100\/t w-o-w on strong demand BigMint's Odisha iron ore fines (Fe 62%) index remained stable w-o-w at INR 4,900\/t ($51-52\/t) ex-mines on 18 July 2026. The Odisha iron ore market remained largely stable this week\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\/07\/Untitled-design-2026-07-20T172326.132.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172326.132.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172326.132.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172326.132.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-20T172326.132.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":69606,"url":"https:\/\/biztrend24.com\/?p=69606&lang=en","url_meta":{"origin":72811,"position":2},"title":"India: BigMint Odisha iron ore fines index remains stable w-o-w despite slower dispatches","author":"Biz Trend 24","date":"June 28, 2026","format":false,"excerpt":"Miners announce new offers this week DMG's stricter regulations on mineral dispatches BigMint's Odisha iron ore fines (Fe 62%) index remained stable w-o-w at INR 4,950\/t ($52\/t) ex-mines on 27 June 2026. The Odisha iron ore market remained under pressure this week as buying activity slowed following the decline in\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\/06\/Untitled-design-2026-06-28T164845.717.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-28T164845.717.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-28T164845.717.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-28T164845.717.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/06\/Untitled-design-2026-06-28T164845.717.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":73049,"url":"https:\/\/biztrend24.com\/?p=73049&lang=en","url_meta":{"origin":72811,"position":3},"title":"India: Iron ore lumps receive INR 350\/t premium over base prices in OMC&#8217;s Jul&#8217;26 auction","author":"Biz Trend 24","date":"July 21, 2026","format":false,"excerpt":"Weighted average bids remain stable m-o-m 82% of offered quantity booked in auction Odisha Mining Corporation (OMC) auctioned around 0.883 mnt of iron ore lumps (Fe 60-65%) on 20 July 2026, with bids received for 0.727 mnt, representing nearly 82% of the offered quantity. 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