Tag: Indian Ferro Chrome Prices
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India: Ferrochrome prices increase further on international cues
Indian ferrochrome prices increased further by INR 5,000/t owing to a surge in demand from China. Ferrochrome prices in China are continuously increasing by around RMB 100/t each day on account of increasing captive production cost. Higher electricity tariff is becoming detrimental to the domestic producers and is making imports a cost-effective alternative. Prices of…