Tag: India Ferro Chrome Prices
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India: Ferro chrome tags plunge to over 1-year low amid fall in auction bids, tender prices
Bids fall by $51/t at FACOR’s latest auction TISCO reduces Jan’25 tender price by $55/t Indian high-carbon ferro chrome (HC60%, Si:4%) prices fell by INR 2,800/tonne (t) ($33/t) w-o-w in comparison to the previous assessment on 1 January 2025. Prices plunged to their lowest point since July 2023, mainly due to lower bids at Vedanta-FACOR’s…