India: Bids inch down at Vedanta-FACOR's ferro chrome auction
At Vedanta-FACOR's ferro chrome auction yesterday, the larger lot of 10-150 mm fetched an H1 price of INR 99,500/t exw against the base price of INR 99,000/t exw. Bids fell slightly by INR 600/t in comparison to the previous auction on 14 Apr'25. The fall in bids is likely due to lower buying interest in the market and prevailing bid-offer gaps.