Tag: Indian Ferro Chrome Prices
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India: Ferro chrome prices plunge in bearish market as buyers await further correction
Indian ferro chrome prices plunged INR 2,300/t exw w-o-w amid bearish market sentiment, as most buyers were waiting out in expectation of a further fall in prices. According to SteelMint’s assessment on 28 July, producers were offering at around INR 100,000-101,000/t exw-Jajpur. Market highlights: Chinese traders were waiting for the ferro chrome tender price announcements…