Tag: Facor ferro chrome auction result
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India: Bids soften in latest Vedanta-FACOR ferro chrome auction
Bids fall INR 2,250/t ($24/t) against previous auction Weak China market, softer chrome ore sentiment weigh on prices At Vedanta-FACOR’s ferro chrome auction held yesterday, the entire offered quantity was sold out. The lumps lot (Cr: 57% min, 10-150 mm) fetched an H1 price of INR 117,600/t ($1,233/t) exw, up by INR 600/t ($6/t) from…