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India: Ferro chrome prices hit 5-m low as market remains sluggish

Source: Steelmint Jun 03, 2024 08:30
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High-carbon FeCr Global Price
OMC's ferro chrome auction settles at base price. Taiyuan's tender prices stay unchanged m-o-m.
Prices of Indian high-carbon ferro chrome (HC60%, Si:4%), in comparison to the previous assessment on 22 May, showed a minor decline of INR 500/tonne ($6/t) w-o-w. Prices reached a five-month low, as per data maintained with BigMint, since the market remained muted and did not significantly improve.   Prices of high-carbon

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