At the Vedanta-FACOR’s ferro chrome auction today, the larger lot sized between 10-150 mm (Cr: 55.5% min) achieved an H1 price of INR 112,600/t exw, showing a slight 1% increase from the base price of INR 112,000/t. While the smaller lot of same grade and size went for INR 114,300/t exw. Bid prices were on ex-plant basis with 60% Cr prorata, excluding GST. Prices declined by INR 5,300/t m-o-m as bid-offer disparities continued in the domestic market.
