India: Vedanta-FACOR to conduct ferro chrome auction on 28 Dec'23
Vedanta's subsidiary, Ferro Alloys Corporation Ltd (FACOR), has scheduled an auction for high-carbon (HC) ferro chrome of various grades and sizes on 28 Dec'23. At the previous auction held on 14 Dec'23, the bigger lot of 10-150 mm (Cr: 57% min) fetched an H1 price of INR 107,100/t exw. SteelMint assessed ferro chrome (HC60%, 10-150 mm) prices at INR 110,300/t exw-Jajpur on 27 Dec'23.