India: FeCr prices continue to trend downward following key auction

Source: Steelmint Aug 05, 2024 08:30

Bid prices edge down in FACOR's ferro chrome auction. Marginal uptick seen in stainless steel prices.

Indian high-carbon ferro chrome (HC60%, Si:4%) prices declined by INR 1,700/t ($20/t) w-o-w compared to the previous assessment on 24 July 2024. Prices dropped as demand remained subdued, which was reflected in Vedanta-FACOR's auction on 29 July where bid prices dropped. Price trends Domestic: As per BigMint's assessment on 31 July, Indian

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High-carbon ferrochrome reference prices: China

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High-carbon ferrochrome reference prices: China

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High-carbon ferrochrome reference prices: China

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High-carbon ferrochrome reference prices: China

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High-carbon ferrochrome reference prices: China

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