Tag: India Ferro Silicon Prices
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India: Ferro silicon prices descend to 3-year low on sluggish demand
Export prices maintain stability HBIS tender prices fall by RMB 150/t ($21/t) m-o-m Prices for Indian ferro silicon (70%) declined by INR 2,000/t ($24/t) w-o-w as compared to the previous assessment on 8 April, reaching a 3-year low. Bid-offer discrepancies and muted demand both contributed to the price drop. Based on BigMint’s assessment, ferro silicon…