With the depiction of supply tightness in the global market in the upcoming period Indian producers have raised their offers in the market. Domestic prices for Ferro Chrome in India is assessed to be in the range of INR 74,000/MT to INR 75,000/MT. Export prices for CNF South Korea (10-50mm, HC 60%) is 86 cents/lb, for CNF Japan (10-50mm, HC 60%
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Domestic and imported ferro-chrome prices in China were both under continuing downward pressure after the New Year holiday (January 1-3) amid rising supply and weak demand, while the UG2/MG chrome ore market remained supported due to high consumption from producers in main producing regions. Fastmarkets’ price assessment for ferro-chrome
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Prices are currently ruling at around ₹95,000 a tonne, as against ₹60,000-65,000 a tonne in September-October, 2020. Production of chrome ore, which goes into making ferro chrome, was impacted
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China''s domestic and imported ferro-chrome prices were both under continuing downward pressure after the New Year holiday (January 1-3) amid rising supply and weak demand, while the UG2/MG chrome ore market remained supported due to high consumption from producers in main producing regions.
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