In yesterday’s Vedanta-FACOR auction, the larger lot (10-150 mm) fetched INR 105,700/t exw against a base price of INR 105,000/t, while the smaller lot fetched INR 106,000/t exw, INR 500/t up from base price. Both prices dropped by INR 500-900/t since the last auction on 8 May, indicating continued low interest in higher ferro chrome prices.
