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India: Ferro chrome prices hit 8-month low amid subdued demand

Source: Steelmint Aug 12, 2024 08:30
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High-carbon FeCr Demand Global Price
FACOR's auction concludes at INR 103,300/t ($1,230/t) exw. Baosteel's tender prices fall m-o-m.
Indian high-carbon ferro chrome (HC60%, Si:4%) prices fell further by INR 1,300/t ($15/t) w-o-w as compared to the previous assessment on 31 July. Prices are now at the lowest level since November last year mainly due to very limited demand along with mismatch in bids and offers.   Trends in prices   Domestic: Indian

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