Author: Anvita Pandey
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India: Ferro chrome prices edge up on higher demand, rising production costs
Indian ferro chrome prices rose by INR 2,500/t w-o-w amid slightly better demand. Moreover, high production costs due to hike in raw material costs kept prices supported. According to SteelMint’s assessment on 27 October, producers were offering at around INR 105,000-106,000/t exw Jajpur depending upon the availability of stocks. Factors supporting ferro chrome prices Demand…