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)