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Ferro chrome prices turn hot, increase 46% - The Hindu BusinessLine

Ferro chrome prices turn hot, increase 46% January 27, 2021 Ferro chrome is used in the production of stainless steel   -  Udit Kulshrestha× Prices firm up on the back of pent-up demand from stainless steel industry and due to South Africa’s likely export duty Ferro chrome (ferrochromium) prices in the country have firmed up by nearly 46 per cent over the last 2-3 months on the back of reduced raw material supply and an anticipation of a pick-up in demand from the stainless steel industry. Prices are currently ruling at around ₹95,000 a tonne, as against ₹60,000-65,000 a tonne in September-October, 2020. Production of chrome ore, which goes into making ferro chrome, was impacted due to Covid-induced lockdown which consequently pushed up prices of ferro chrome, said industry experts.

Tea industry may continue to face challenges in 2021-22: Report

Tea industry may continue to face challenges in 2021-22: Report Rating agency Icra in the report also expects the challenges for the tea industry to remain in 2021-22, after considerable improvement in performance during 2020-21. Share Via Email   |  A+A A- Tea garden workers wearing Japi hats made out of bamboo and palm leaves pluck tea leaves inside Durgabari Tea Estate on the outskirts of Agartala. (Photo Reuters) By PTI MUMBAI: The tea industry may continue to face challenges in the next financial year with hike in wages and its impact on prices, as production returns to normal, according to a report.

Textiles Industry To Be Stable In FY22, Expected To Touch Pre-Covid Level: ICRA

Textiles industry to be stable in FY22, expected to touch pre-Covid level: ICRA The recovery in the domestic textile sector, that picked up pace in Q3 FY2021, is likely to continue in the upcoming quarters, said ICRA. January 14, 2021 / 08:14 AM IST Trident | In 2021 so far, the stock gained 49 percent to Rs 14.74 as of January 11 from Rs 9.98 as of December 31, 2021. Rating agency ICRA on Wednesday said the textile industry s performance will recover to pre-Covid levels in the next fiscal on account of boost in demands from domestic as well as export markets. The agency assigned outlook for the sector as stable for FY2022.

Momentum for non-ferrous metal prices to continue for 12-15 months: ICRA

Momentum for non-ferrous metal prices to continue for 12-15 months: ICRA
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Icra upgrades outlook for Indian steel sector to stable - The Financial Express

Icra upgrades outlook for Indian steel sector to stable - The Financial Express
financialexpress.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from financialexpress.com Daily Mail and Mail on Sunday newspapers.

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