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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).