On April 22, SteelOrbis reported prices for Indian domestic ferrosilicon (70-75 percent) at INR 75,000/mt ($1,077/mt) ex-warehouse in the northeast India region. Sources inform SteelOrbis that domestic ferrosilicon is now at INR 70,500/mt ($1,012/mt) ex-warehouse in the same region. The prices decreased by $65/mt.
USD = INR 69.67 (Apr 22)
USD = INR 69.64 (May 7)