Tag: India Ferro Chrome Prices
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India: Ferro chrome prices inch down even as market awaits OMC chrome ore auction
FACOR’s ferro chrome auction fetches higher bids Slight uptick in Indian stainless steel prices Prices for domestic high-carbon ferrochrome (chrome 60%, Si:4%) decreased by INR 900/t ($11/t) w-o-w from the previous evaluation on 7 February. Prices remained range-bound last week, as market participants awaited the results of OMC’s auction to gain price clarity. The price…