Category: Ferro Chrome
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India: Ferro chrome prices dip following recent auctions
Premiums remain low at OMC’s chrome ore auction Weak stainless steel demand limits Chinese buying Indian high-carbon ferro chrome (HC 60%, Si: 4%) prices inched down by INR 800/t ($8/t) w-o-w to INR 121,500/t ($1,259/t) exw-Jajpur. Prices fell following softer bids at the latest chrome ore auction of the Odisha Mining Corporation (OMC) and the…