Author: Ankita Chakraborty
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India: Ferrochrome prices tumble on limited buying from China
Indian ferro chrome prices were solely supported by domestic demand in the past few weeks. However, it is now turning weak along with Chinese demand. Notably, China consumes around 30% of India’s total ferro chrome production. With Chinese buyers retreating, Indian traders had turned gloomy. Current prices of ferro chrome are assessed at INR 109,000-112,000/t…