Tag: Indian Ferro Chrome Prices
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India: Ferro chrome prices spike amid reduced supply
Indian ferro chrome prices surged amid reduced supply and increasing export demand. The Russia-Ukraine war has increased demand for ferro chrome mainly from Europe and Japan, which boosted prices. According to SteelMint’s assessment on 9 Mar’22, most of the domestic deals were concluded at around INR 125,000/t ex-Jajpur. Buyers fear further price hikes due to…