News and Events

As the Indian Rupee has dropped in value by about 3.75% in the past 7-8days, Bhutan-based ferrosilicon producers have only able to raise asking price by about 2.85% INR2,000t to now in the range of INR71,000-72,000t USD1,109-1,125t ex Bhutan and at about USD39t ex works in real term loss for same period last month when producers achieved bids at around USD1,164t ex Bhutan.