On March 8, SteelOrbis reported Indian domestic ferrochrome prices at INR 73,900-74,200/mt ($1,053-1,058/mt) ex-works.
Sources inform SteelOrbis that domestic ferrochrome prices continue to trend stable at INR 73,900-74,200/mt ($1,071-1,076/mt) ex-works. Due to currency strength of INR against the dollar, prices increased $18/mt.
USD = INR 70.16 (Mar 8)
USD = INR 68.97 (Mar 15)