Tag: India chrome ore dispatches
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India: Chrome ore dispatches fall 43% in Aug’24 amid sluggish demand, Tata’s lower output
India’s chrome ore dispatches saw a sharp decline of 43% m-o-m in August 2024, with volumes dropping to 157,676 t from 275,063 t in July. This decline was largely due to sluggish ferro chrome demand, as its prices reached an 8-month low in August. Another factor was Tata Steel’s significant 97% drop in dispatches, down…