Author: Ankita Chakraborty
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India: Ferrochrome prices down on limited demand from China
The Indian ferro chrome market is substantially dependent on China as the latter consumes more than 30% of the total India’s ferro chrome production. Thus, with China limiting its imports, prices in the Indian market have witnessed a substantial drop. Currently, ferro chrome prices in the domestic market are at around INR 121,700/tonne (t) ex-Jajpur.…