Author: Ankita Chakraborty
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India: Ferro chrome prices rise further on favourable demand-supply dynamics
Indian ferro chrome prices have been increasing significantly since last week owing to supply concerns. Prices escalated to INR 129,000/tonne (t), up by INR 25,000/t m-o-m, mainly after Chinese prices started increasing. Though, prices in the Chinese market remained stable this week, sentiments in the Indian market remained strong, fuelling sellers’ expectations that prices may…