Tag: Indian Ferro Chrome Prices
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India: Ferro chrome prices drop as domestic demand wanes
The Indian ferro chrome market has fallen since last week and Vedanta’s ferro chrome auction was concluded at lower levels due to low domestic demand. According to SteelMint’s assessment on 26 May’22, ferro chrome smelters were offering material at around INR 118,000-120,000/t exw-Odisha in the domestic market. A bearish stainless steel market is pushing sellers…