India’s domestic ferrochrome prices on rebound

Thursday, 07 February 2019 10:31:13 (GMT+3)   |   San Diego

On January 24, SteelOrbis reported Indian domestic ferrochrome prices at INR 68,000-68,500/mt ($957-964/mt) ex-works, relatively stable month-on-month.

Sources inform SteelOrbis that prices have rebounded and are reportedly at INR 72,000-73,000/mt ($1,009-1,024/mt) ex-works, up $52/mt from the bottom of the previous range and $60/mt from the top of the same range.

USD = INR 71.05 (Jan 24)

USD = INR 71.31 (Feb 7)

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