On June 6, SteelOrbis reported Indian domestic ferrochrome (HC 60 percent) prices at INR 66,000-65,500/mt ($954-961/mt) ex-works.
Sources now inform SteelOrbis that prices have remained stable week-on-week and continue presently at INR 66,000-66,500/mt ($945-952/mt) ex-works. Due to currency depreciation against the dollar, prices decreased $9/mt from the bottom and top of the previous respective range.
USD = INR 69.18 (Jun 6)
USD = INR 69.84 (Jun 14)