Tag: Vedanta ferro chrome auctions

Bids rise by 8% on average over base price at Vedanta’s ferro chrome auction

May 27, 2021

—

by

Ankita Chakraborty

in Ferro Chrome

Vedanta (FACOR) held an auction for 1,900 t ferro chrome today in which the entire material was booked at approximately 8% higher than the set base prices for different grades, as per SteelMint reports. Most of the major ferro chrome producers have run out of inventory and are not offering in the spot market. SteelMint…