Tag: Ferro Silicon Prices In India
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India: Ferro Silicon Market Bearish; Producers Drop Offers Again
Ferro silicon prices weakened as the lackluster stainless steel market made end-users more wary of spot buying. SteelMint assessed grade 70-75 prices at INR 61,000/MT (Ex-Bhutan), down by INR 1,000/MT from last week prices. Prices are down as the market is over supplied along with persistent low demand. The export market continued to be dormant…