SAIL’s Bhilai Steel Plant (BSP) concluded a reverse auction for 800 t of ferro chrome (Cr:60%, Size:25-70mm, Si: 4% max) on 18 Oct. The material was booked at around INR 130,400/t FOR, inclusive of all charges, sources informed. HC ferro chrome (60%) prices were at INR 103,000/t exw-Jajpur on 20 Oct’22, as per SteelMint assessment.
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