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Some Indian Enterprises Increased the FeCr Quotation

Saturday, October 12, 2013
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Keywords:FeCr ferrochrome

[Fellow]

[ferro-alloys.com] According to the latest news, some Indian FeCr enterprises increase their quotations. So far, the main stream quotation of Indian FeCr was offered at USD 0.86-0.87/1b (CFR Chinese ports)

The data showed that the OM C action price of India HC FeCr in Sep. was higher slightly than the price of Aug. Meantime the HC FeCr suppliers also want to relieve the stress because of the rupee appreciation.

However, because Chinese imports dealers had more broad choice scope such as SA FeCr and domestic FeCr, they did not want to accept the price. At present, the whole market supply was more than demand, so India FeCr did not have enough reasons to increase.

[Editor:editor]

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