India: Vedanta ferro chrome auction witnesses active participation

Vedanta (FACOR) conducted a ferro chrome auction on 9 Feb’22 in which the entire quantity on offer received bids close to the prevailing market price of INR 104,750/t exw-Jajpur, Odisha. The auction was concluded at an H1 price of INR 103,700-105,500/t for 10-150mm high carbon (HC) ferro chrome, sources informed.


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