Intel Details

India: Over 1,000 t of ferro chrome booked in OMC's auction

Ferro Chrome
24 Sep 2024, 19:24 IST
Steel Mint Intel

At OMC's ferro chrome auction today, 1,150 t were booked from the 4,650 t on offer. Of the 3,850 t of high-carbon (Cr: 60-64%) ferro chrome available, 950 t were sold at INR 106,868/t exw, close to the base price of INR 106,668/t. The market appears to be cautious, adopting a wait-and-watch approach post OMC's chrome ore and FACOR's ferro chrome auction.

24 Sep 2024, 19:24 IST
You have 3 complimentary intel remaining! Stay informed with BigMint
;