India: Ferro chrome export prices drop following Jan'25 tender announcement
Indian ferro chrome export prices to China fell by 5 cents/lb w-o-w to 81 cents/lb CNF driven by Tsingshan's Jan'25 tender price reduction of RMB 400/t ($55/t) and competitive Chinese domestic prices. A 200 t spot deal for Japan was closed at 90-91 cents/lb CNF, while South Korean prices dropped by 4 cents/lb w-o-w to 89 cents/lb CNF.