Vedanta Ferrochrome auctions

India: Vedanta ferrochrome auction receives active response

Vedanta (FACOR) concluded a ferrochrome auction for 3,100 t on 14 Jun’21. As per SteelMint reports, the entire quantity on offer got booked at higher-than-expected prices. The auction witnessed aggressive bidding as most producers are short of ferrochrome in the domestic market and the sized material was reportedly booked at higher prices


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