Tag: India Vedanta FACOR auction result
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India: Bids rise at Vedanta-FACOR’s ferro chrome auction
Improved demand, surging ore costs support prices Vedanta-FACOR’s ferro chrome production rose by 21% y-o-y in FY’26 At Vedanta-FACOR’s ferro chrome auction today, bids increased across major grades, reflecting relatively firm domestic sentiment despite cautious stainless steel market sentiment. The larger ferro chrome lumps lot (Cr:57% min, 10-150 mm) fetched a final price of INR…