Tag: Indian Ferro Chrome Prices
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India: Ferro chrome prices reach near-production costs amid weak demand
In the face of weak demand and high selling pressure, Indian ferro chrome prices fell by INR 2,250 /tonne (t) w-o-w and have reached near production costs. According to SteelMint’s assessment on 14 July, producers offered at around INR 103,000-104,000/t exw-Jajpur. Factors behind fall in ferro chrome prices Weak domestic demand: Domestic ferro chrome demand…