India: Ferro chrome export prices remain stable w-o-w

Indian ferro chrome export prices to China remained stable, edging up by 1 cent/lb w-o-w to 86 cents/lb CNF. Offers for Japan and South Korea remain unchanged w-o-w too at 92 cents/lb and 90 cents/lb CNF, respectively. Following the rise in Chinese April tender prices, there’s expectation for prices to go up for Japan if China’s market remains bullish.