India’s domestic ferrosilicon prices trend stable domestically, down in dollar terms

Friday, 02 August 2019 00:11:07 (GMT+3)   |   San Diego
       

On July 25, SteelOrbis reported prices for Indian domestic ferrosilicon (70-75 percent) at INR 67,200-69,000/mt ($973-999/mt) ex-warehouse in the northeast India region.

Sources inform SteelOrbis that domestic ferrosilicon prices are trending stable in domestic terms at INR 67,200-69,000/mt ($965-990/mt) ex-warehouse in northeast India. Due to currency fluctuations, prices decreased $8/mt from the bottom of the previous range and $9/mt from the top of the same range.

USD = INR 69.10 (Jul 25)

USD = INR 69.67 (Aug 2)


Most Recent Related Articles

Uptrend of Indian pellet export prices slows down as buyers become cautious

Indian pellet export prices continue to surge, sales volumes increase

Import scrap prices in India rise due to UAE export ban, demand weak

Indian pellet export prices touch two-month high

Rising import scrap prices in India and mills’ tight liquidity limit trade