Tag: Indian Ferro Silicon Prices
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India: Ferro silicon prices decline on muted demand
Indian ferro silicon prices dropped significantly by around INR 12,000/t w-o-w owing to sluggish demand. Meanwhile Bhutan’s producers also reduced their offers to attract long term business. According to SteelMint’s assessment on 5 May, Bhutan’s producers were offering at around INR 144,000-145,000/t exw while Guwahati-based smelters were following suit. Domestic ferro silicon demand is still…