UTC+8 ( BJT)

India: FeCr prices stable w-o-w, sentiment improves

Indian ferro chrome prices are stable since last week with limited transactions in the domestic market. The buyers are negotiating for lower prices as the prices of chrome ore has reduced but the producers are firm on not reducing domestic prices below the realization from China export prices.
The domestic market remained dull but the producers are optimistic as the inquiries from the export market has picked up and some deals were concluded at higher levels too. There is an expectation among market participants that domestic prices will also increase in the upcoming weeks. In China, the production volume

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