Tag: Vedanta ferro chrome auctions

India: Bids edge higher at ferro chrome auction on supply concerns

Aug 3, 2021

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by

Ankita Chakraborty

in Ferro Chrome

Vedanta (FACOR) conducted an auction today for 1,500 t of ferro chrome. The entire quantity on offer received higher bids due to bullish sentiments in the domestic market amidst rising supply concerns, as per SteelMint reports. The auction was concluded at INR 129,200/t for 1,000t of 10-150mm HC ferro chrome. Meanwhile, in the domestic market,…