Tag: High Carbon Ferro Chrome
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Indian HC Ferro Chrome Market Over-Supplied; Demand Scant
High carbon ferro chrome prices were unchanged as buying interest remained weak coupled with swelling stocks. Market outlook remained bleak. SteelMint assessed ferro chrome 60% grade is being offered at around INR 59,000/MT (ex-works Odisha). Sources remarked that producers are under pressure to reduce their stock. Ferro chrome producers expressed concern prices might continue to…