India: Bids decline at Vedanta-FACOR’s ferro chrome auction

At Vedanta-FACOR’s ferro chrome auction today, the larger lot of 10-150 mm fetched an H1 price of INR 98,700/t exw, slightly above the base price of INR 98,500/t exw. Bids dropped by INR 1,300/t from the 7 Mar’25 auction, likely due to weak demand and cautious market sentiment following yesterday’s chrome ore auction by OMC.


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