Tag: Facor ferro chrome auction result
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India: Bids stay flat at Vedanta-FACOR’s ferro chrome auction
At Vedanta-FACOR’s ferro chrome auction yesterday, the bigger lot of 10-150 mm fetched an H1 price of INR 99,200/t ($1,159/t) exw, slightly above the base price of INR 99,000/t ($1,157/t) exw. Bids were steady as against the previous auction on 23 Jun’25. The stability could be attributed to need-based buying amid weak stainless steel demand.