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The ferrochrome price in India continued to decline

Time:Tue, 14 Sep 2021 11:08:22 +0800

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After the ferrochrome price hit a record high in mid June 2021, the ferrochrome price in India has continued to decline for several weeks, mainly due to insufficient domestic demand.

 

According to statistics, the current price of high-carbon ferrochrome with 60% content is US $1465.8 per ton (ex factory price including tax), and the weekly price has decreased by US $67.9 per ton.

 

Due to the weak demand in China, most ferrochrome is sold in the Indian domestic market at a transaction price of US $1425.1-1465.8 per ton (ex factory price including tax).

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