Tag: Weekly round-up: Indian ferro alloys display mixed momentum amid diverging supply-demand

Manganese alloy market remains under selling pressure Healthy auction supports ferro chrome market sentiment Silico manganese prices extend weekly decline on soft demand Indian silico manganese (60-14) prices dropped by INR 850/t ($9/t) w-o-w to INR 74,100-74,700/t ($770-776/t) across key markets. Prices remained under pressure, extending their downtrend as weak procurement by domestic steel mills…