Author: Vijay Kumar
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India: Bids fall m-o-m at Vedanta-FACOR’s ferro chrome auction despite premium over base price
Bids fall INR 1,550/t ($16/t) m-o-m China’s July ferro chrome production up 5% m-o-m At Vedanta-FACOR’s ferro chrome auction held today, the entire offered quantity was sold out. The lumps lot (Cr: 57% min, 10-150 mm) fetched an H1 price of INR 119,850/t ($1,257/t) exw, up INR 2,100/t ($22/t) from the base price of INR…