Tag: Vedanta ferro chrome auctions

India: Bids edge up at ferro chrome auction on rising Chinese enquiries amid supply pressure

Jul 19, 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 bids at higher prices due to bullish sentiments in the domestic market amidst rising Chinese enquiries, as per SteelMint reports. Enquiries by Chinese market participants rose due to supply disruption in South Africa, with Indian ferro chrome…