India: FACOR to conduct ferro chrome auction on 15 Dec

Vedanta’s subsidiary, Ferro Alloys Corporation Limited (FACOR), has scheduled an auction for high-carbon ferro chrome of different grades and sizes on 15 Dec’22. In the last auction on 6 Dec, the H1 price for the bigger lot of 10-150 mm ferro chrome was INR 94,600/t, close to the floor price, according to SteelMint.