In the last two weeks, Indian ferro chrome seller could not close deals. In the mean time, they were unwilling to lower their quotation due to cost rise.

Because of epidemic escalation, buyers were not interested in Chinese market, which resulted in a stable ferro chrome（60%Cr；6-8%C；4%Si) quotation in India of 1.25-1.26 dollars per pound. Buyers in Japan and South Korea postponed procurement due to high price.