UTC+8 ( BJT)

India: FeCr prices stable, Chinese tenders to be released

Indian ferro chrome market has been under balanced conditions for two weeks now, as the shortage of chrome ore is intensifying and major buyers have completed their procurement for the month.
Several producers who are dependent on merchant miners were expecting OMC to conduct auctions this month, but no announcements for auctions have been made by OMC yet, which is again problematic for many smaller producers as they might have to shut operations temporarily. Mining operations will commence at TATA Steel's Sukinda

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