India: Ferro chrome export prices hold steady w-o-w

Indian ferro chrome export prices to China held steady at 91 cents/lb CNF on 3 December, despite slow year-end buying and adequate stainless steel mill inventories. For Japan, it edged down by 1 cent/lb to 102 cents/lb CNF. Not much of fluctuation is seen in its prices as majority of bookings are done on contract basis. Offers to South Korea stood at 100 cents/lb CNF.