India: Bids rise at Vedanta-FACOR’s ferro chrome auction

At Vedanta-FACOR’s ferro chrome auction today, the bigger lot of 10-150 achieved an H1 price of INR 100,100/t exw, above the base price of INR 99,700/t. Bids also went up by INR 1,400/t from the previous 21 Mar’25 auction. The price gain was likely influenced by improved domestic demand and a recent rise in Chinese tender and spot prices, leading to more active bidding.


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