Tag: Indian Ferrochrome Prices
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India: Ferrochrome producers holding on to offers in expectation of a price hike
Indian ferrochrome prices are driven by short supplies and increased chrome ore prices in the domestic market. Producers are mostly willing to hold back offers as they foresee an increase in prices after the Chinese market reopens. Currently, producers are comfortably making deals at INR 97,000-98,000/t Ex-works. However, as the financial year is about to…