Tag: Indian Ferro Chrome Prices
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India: Ferro chrome prices drop amid selling pressure
Indian ferro chrome prices dropped by around INR 1,000/tonne (t) w-o-w amid intense selling pressure from weak domestic and export markets. According to SteelMint’s assessment on 07 July, producers offered at around INR 105,500-106,500/t exw-Jajpur. However, around 1,000 t of deals have been concluded at around INR 105,500-106,000/t exw-Jajpur. Why did producers face selling pressure?…