India's ferrochrome price may follow trend of China's stainless steel market
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Author : Kelly
Update time : 2020-05-11 14:07:59
According to the current market in India, the current ferrochrome market prices in India were supported by China’s purchasing power.
In the Indian domestic market, the demand was almost remained the same recently, which caused many smelters to suspend their operation and few of them decided to decrease their production strongly.
By the view from the market, the market participants predicted that the prices of ferrochrome might remain flat currently, only when the Chinese stainless steel market resumed, the price would get the chance to increase.
