On August 7, SteelOrbis reported Indian domestic ferrochrome (HC 60 percent) prices at INR 63,000-63,800/mt ($888-899/mt) ex-works.
Sources now inform SteelOrbis that prices are trending at INR 63,400-64,200/mt ($888-899/mt) ex-works. Due to currency fluctuations, despite higher domestic prices, prices in dollar terms remain stable compared to a week ago.
USD = INR 70.93 (Aug 7)
USD = IRN 71.42 (Aug 15)