Tag: Indian Ferrochrome Prices
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India: Higher ferro chrome prices find acceptance in the market
Prices increase in the domestic market. Vedanta auctions establish higher prices. Supply crunch prevails. Chinese demand lags behind Prices likely to be short-lived. Indian ferro chrome prices increased significantly by INR 6,500/tonne (t) week-on-week (w-o-w) to INR 92,000/t after Vedanta’s ferro chrome auctions held late last week. In the exports market as well, the smelters…