UTC+8 ( BJT)

India: FeCr prices fall despite 2-year high Cr ore prices

Indian ferro chrome prices fell despite a spike in the ore prices owing to lower demand from the exports market. Since India relies heavily on exports of ferro chrome with more than 50pc sold in the export market.
Limited demandfrom Chinese market is denting the domestic prices of ferro chrome.Major mills in China have rolled over their pricesin October, however, demand from the spot market remains low and buyers are asking for much lower prices. Meanwhile, the domestic market which was once uncertain about the chrome ore availability

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