State-run RINL has concluded a reverse auction for 2,200 t (10-100 mm) of HC ferro chrome (60%) on 25 Oct’22. The material was booked at around INR 137,921/t delivered to plant (inclusive of GST and other charges).. As per SteelMint assessment on 27 October, ferro chrome prices are at INR 105,500/t exw Jajpur.
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