Tag: Facor ferro chrome auction result

India: Bids rise at FACOR’s ferro chrome auction

Aug 28, 2024

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by

Vijay Kumar

in Ferro Chrome

At Vedanta-FACOR’s ferro chrome auction today, the larger lot of 10-150 mm fetched an H1 price of INR 106,200/t exw against the base price of INR 105,500/t exw. Bids rose by 3% compared to 7 Aug’24 auction, mainly driven by rise in bids at OMC’s chrome ore auction and buyer acceptance of higher priced offers.