{"id":63101,"date":"2026-04-09T13:33:20","date_gmt":"2026-04-09T07:33:20","guid":{"rendered":"https:\/\/biztrend24.com\/?p=63101"},"modified":"2026-04-09T13:33:20","modified_gmt":"2026-04-09T07:33:20","slug":"india-bids-exceed-base-prices-at-vedanta-facors-ferro-chrome-auction","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=63101&lang=en","title":{"rendered":"India: Bids exceed base prices at Vedanta-FACOR&#8217;s ferro chrome auction"},"content":{"rendered":"<p>At Vedanta-FACOR&#8217;s ferro chrome auction today, the larger lot (Cr: 56% min, 10-150 mm) achieved an H1 price of INR 116,000\/t ($1,253\/t) exw, higher by INR 1,000\/t ($11\/t) from the base price of INR 115,000\/t ($1,243\/t). The smaller lot of the same grade and size settled at INR 116,600\/t ($1,260\/t) exw, again slightly higher than the base price of INR 115,500\/t ($1,248\/t) exw.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>At Vedanta-FACOR&#8217;s ferro chrome auction today, the larger lot (Cr: 56% min, 10-150 mm) achieved&#8230;<\/p>\n","protected":false},"author":1,"featured_media":63102,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[313],"tags":[],"class_list":["post-63101","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-13-2.jpg?fit=1280%2C720&ssl=1?v=1775719994",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-13-2.jpg?resize=150%2C150&ssl=1?v=1775719994",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-13-2.jpg?fit=300%2C169&ssl=1?v=1775719994",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-13-2.jpg?fit=640%2C360&ssl=1?v=1775719994",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-13-2.jpg?fit=640%2C360&ssl=1?v=1775719994",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-13-2.jpg?fit=1280%2C720&ssl=1?v=1775719994",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-13-2.jpg?fit=1280%2C720&ssl=1?v=1775719994",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-13-2.jpg?resize=1115%2C715&ssl=1?v=1775719994",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-13-2.jpg?resize=800%2C500&ssl=1?v=1775719994",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-13-2.jpg?fit=1024%2C576&ssl=1?v=1775719994",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-13-2.jpg?resize=540%2C340&ssl=1?v=1775719994",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-13-2.jpg?resize=400%2C250&ssl=1?v=1775719994",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"<a href=\"https:\/\/biztrend24.com\/?cat=313&#038;lang=en\" rel=\"category\">Iron &amp; Steel<\/a>","tag_info":"Iron &amp; Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-13-2.jpg?fit=1280%2C720&ssl=1?v=1775719994","jetpack-related-posts":[{"id":74186,"url":"https:\/\/biztrend24.com\/?p=74186&lang=en","url_meta":{"origin":63101,"position":0},"title":"India: OMC to auction 1,600 t of HC ferro chrome","author":"Biz Trend 24","date":"July 28, 2026","format":false,"excerpt":"Base price of primary lot set at INR 121,500\/t ($1,266\/t) exw Ferro chrome spot prices face pressure from weak demand Odisha Mining Corporation (OMC) has scheduled an auction for 1,600 t of high-carbon ferro chrome across multiple grades and sizes (Cr: 53-64%, 0-100 mm) on 29 July. The base price\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-34-6.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-34-6.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-34-6.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-34-6.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-34-6.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":72556,"url":"https:\/\/biztrend24.com\/?p=72556&lang=en","url_meta":{"origin":63101,"position":1},"title":"Weekly round-up: Indian ferro alloys display mixed momentum amid diverging supply-demand","author":"Biz Trend 24","date":"July 19, 2026","format":false,"excerpt":"Manganese alloy market remains under selling pressure Healthy auction supports ferro chrome market sentiment Silico manganese prices extend weekly decline on soft demand: Indian silico manganese (60-14) prices dropped by INR 850\/t ($9\/t) w-o-w to INR 74,100-74,700\/t ($770-776\/t) across key markets. Prices remained under pressure, extending their downtrend as weak\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-19T154918.656.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-19T154918.656.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-19T154918.656.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-19T154918.656.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/07\/Untitled-design-2026-07-19T154918.656.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":60580,"url":"https:\/\/biztrend24.com\/?p=60580&lang=en","url_meta":{"origin":63101,"position":2},"title":"India: Vedanta-FACOR to conduct ferro chrome auction on 16 Mar&#8217;26","author":"Biz Trend 24","date":"March 14, 2026","format":false,"excerpt":"Vedanta-Ferro Alloys Corporation Ltd (FACOR) has scheduled an auction for high-carbon (HC) ferro chrome (Cr: 52.5-57% min, 10-150 mm) on 16 Mar'26. At the previous auction on 27 Feb26, the bigger lot of 10-150 mm fetched an H1 price of INR 120,200\/t ($1,301\/t) exw. BigMint assessed ferro chrome (HC 60%,\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102019.277.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102019.277.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102019.277.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102019.277.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-14T102019.277.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":59806,"url":"https:\/\/biztrend24.com\/?p=59806&lang=en","url_meta":{"origin":63101,"position":3},"title":"Weekly round-up: Semis, longs rise on higher input costs; scrap buying cautious amid freight surge","author":"Biz Trend 24","date":"March 8, 2026","format":false,"excerpt":"Billet and sponge iron prices rise sharply w-o-w on higher raw material costs and improved bookings Imported coal prices jump INR 1,100-1,200\/t, while scrap buying stays cautious amid rising freight The domestic steel and raw materials market strengthened in the week ended 6 March, supported by higher input costs and\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-08T110959.372.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-08T110959.372.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-08T110959.372.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-08T110959.372.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-08T110959.372.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":62306,"url":"https:\/\/biztrend24.com\/?p=62306&lang=en","url_meta":{"origin":63101,"position":4},"title":"India: Vedanta-FACOR to conduct HC ferro chrome auction","author":"Biz Trend 24","date":"April 2, 2026","format":false,"excerpt":"Vedanta-Ferro Alloys Corporation Ltd (FACOR) has scheduled an auction for high-carbon ferro chrome (Cr: 50-56% min, 0-150 mm) on 3 Apr'26, with minimum allowed bid quantities of 30-300 t. BigMint assessed ferro chrome (HC60%, 10-150 mm) prices at INR 117,000\/t ($1,249\/t) exw-Jajpur on 1 Apr'26.","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-42.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-42.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-42.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-42.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-42.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":51311,"url":"https:\/\/biztrend24.com\/?p=51311&lang=en","url_meta":{"origin":63101,"position":5},"title":"India: OMC to conduct 2,500 t HC ferro chrome auction on 24 Dec&#8217;25","author":"Biz Trend 24","date":"December 21, 2025","format":false,"excerpt":"Odisha Mining Corporation (OMC) has scheduled an auction on 24 Dec'25 for 2,500 t of high-carbon ferro chrome across multiple grades and sizes (Cr: 50-64%, 0-100 mm). The base price for the largest lot of 1,500 t (Cr: 60-64%, 10-100 mm) is set at INR 105,500\/t exw. BigMint assessed HC\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-21T172026.079.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-21T172026.079.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-21T172026.079.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-21T172026.079.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2025\/12\/Untitled-design-2025-12-21T172026.079.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/63101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=63101"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/63101\/revisions"}],"predecessor-version":[{"id":63103,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/63101\/revisions\/63103"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/63102"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=63101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=63101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=63101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}