Tag: Bids climb over base prices at Vedanta FACOR ferro chrome auction
-

India: Vedanta-FACOR’s ferro chrome auction sees bids rise by 3-4% over base prices
At Vedanta-FACOR’s ferro chrome auction today, the large 10-150 mm lot achieved an H1 price of INR 120,800/t exw, up INR 4,800/t over the base price. The smaller lot fetched INR 119,900/t, up INR 3,400/t from the base price. Overall, bids were 3-4% higher than base prices. The increase was supported by stronger chrome ore…