Indian ferro manganese (HC70%) prices rose as export inquiries continue to move on an upward direction w-o-w.

OMC has adjusted the base price marginally for its forthcoming auction of 56,000 t of chrome ore from South Kaliapani and Sukrangi mines on 19 Feb'24.

On 16 February, Indian ferro chrome (HC 60%, Si:4%) prices stayed stable showing a slight decrease.

AISI: US Steel Shipments Unchanged In 2023.

Indian ferro molybdenum prices rose this week.

Indian silico manganese prices continue to rise owing to supply tightness.

Spot electricity prices in the day-ahead market at the Indian Energy Exchange (IEX) fell by 8%.

AISI: US Raw Steel Production in the week ending on February 10, 2024.