Tag: Indian Ferro Chrome Prices
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India: Ferro chrome prices tumble w-o-w as demand remains lackluster
Indian domestic ferro chrome prices slumped by INR 3,500/t w-o-w amid sluggish demand as buyers were waiting for Vedanta’s ferro chrome auction. According to SteelMin’s assessment on 4 August 2022, most producers were offering HC60% grade at INR 96,000-97,500/t exw-Jajpur. However, bids were heard at INR 94,000-96,000/t exw-Jajpur. The disparity in bids and offers kept…