[High Carbon Ferrochrome prices] Indian export market prices of high-carbon ferrochromium

      As the demand from the stainless steel production slowed down, India's domestic and export markets high-carbon ferrochromium prices fell by the current high-carbon ferrochromium export price has dropped to 1.8 U.S. dollars / pounds, originally for 2.3 U.S. dollars / lb.
      It is said that some export prices even as low as 1.6 U.S. dollars / lb. India High Carbon Ferrochrome at 8.5-9 million rupees / ton (1980-2096 U.S. dollars / ton), the original price of not less than 100,000 rupees / ton. Market participants said, the current stainless steel market downturn, coupled with the domestic high-carbon ferrochromium rapid expansion of production capacity, short-term rise in prices is unlikely.
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