Tag: India Ferro Chrome Prices
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India: Ferro chrome prices fall sharply w-o-w following lower bids at FACOR’s auction
Following FACOR’s auction, buyers reject higher offers Tsingshan’s Dec tender prices plunge RMB 700/t m-o-m Indian high-carbon ferro chrome (HC60%, Si:4%) prices dropped sharply by INR 1,350/tonne (t) ($16/t) w-o-w to INR 107,150/t ($1,268/t) exw-Jajpur on 27 November. Lower bids at FACOR’s latest ferro chrome auction exerted downward pressure on prices. No spot trades were…