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India: FeCe prices fall by INR 2,000/t on selling pressure

Indian ferro chrome market has been very volatile after the OMC chrome ore auctions. Chrome ore prices are now highest in two years, and to aggravate the depression of the alloy producers, stainless steel prices are not picking up.
Thus, the buyers of ferro chrome are unwilling to book any material at higher prices. Producers feel that currently, it is still feasible to work at lower levels than standard prices, but in the coming months, when shortage of ore will be intensified, the feasibility of it will again be


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