Tag: Indian Ferrochrome Prices
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Indian Ferrochrome producers get optimistic after release of Chinese tender prices
A major producer of ferrochrome in India has informed SteelMint that the prices will not be negotiated below INR 95,000/t in the domestic market. There was an anticipation in the market that the Chinese tenders might drop by up to RMB 700/t, however, RMB 350/t drop is suggestive of the low supply in the Chinese…