India’s domestic ferrochrome price range narrows

Thursday, 22 August 2019 21:29:04 (GMT+3)   |   San Diego

On August 15, SteelOrbis reported Indian domestic ferrochrome (HC 60 percent) prices at INR 63,400-64,200/mt ($888-899/mt) ex-works.

Sources now inform SteelOrbis that prices are trending at INR 64,000-64,600/mt ($890-898/mt) ex-works. Prices increased $2/mt from the bottom of the previous range but decreased a $1/mt from the top of the previous range due to currency fluctuations.

USD = IRN 71.42 (Aug 15)

USD = INR 71.92 (Aug 22)

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