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Bulk Ferroalloy Prices | India Export Data 2011–2025

FeMn, SiMn, FeSi & FeCr Prices

Indian Ferroalloy Export Prices (US$/t FOB)
MonthHC FeMnSiMnFeSiHC FeCr
Mar 20258909151,3381,103
Feb 20258909001,5741,076
Jan 20258908651,6221,105
Dec 20248818551,4831,173
Nov 20249339061,4611,183
Oct 20249759281,5301,233
Sep 20241,0029421,4181,268
Aug 20241,0729741,4341,270
Jul 20241,0921,0291,4521,297
Jun 20241,0111,0401,5431,330
May 20249179421,5851,317
Apr 20248668901,8371,335
Mar 20248688711,9541,318
Feb 20248378681,7631,264
Jan 20248258421,5701,281
Dec 20238508471,7351,284
Nov 20238488471,6541,266
Oct 20238838871,7351,331
Sep 20238798731,7871,313
Aug 20238938891,8531,271
Jul 20239309101,9141,310
Jun 20239689431,8441,384
May 20239829791,8671,369
Apr 20239919901,7611,374

Swipe the table sideways for more columns; the first column stays in place.

Show earlier months, 2011–2023
Indian Ferroalloy Export Prices, 2011–2023 (US$/t FOB)
MonthHC FeMnSiMnFeSiHC FeCr
Mar 20231,0231,0081,7631,413
Feb 20231,0341,0031,8031,371
Jan 20231,0191,0031,7641,295
Dec 20221,0021,0261,9571,202
Nov 20221,1121,0612,0431,242
Oct 20221,0991,0532,0211,157
Sep 20221,0861,0512,1441,274
Aug 20221,2981,1242,3341,274
Jul 20221,2431,2172,1771,377
Jun 20221,3711,4272,2501,544
May 20221,5181,5372,4841,537
Apr 20221,5761,6082,5211,470
Mar 20221,3811,4332,2381,363
Feb 20221,3421,4192,5351,349
Jan 20221,4711,5262,9461,390
Dec 20211,5631,5603,1731,502
Nov 20211,5191,5642,6651,462
Oct 20211,1641,1341,5531,424
Sep 20211,2971,3421,8561,410
Aug 20211,2701,3111,9261,439
Jul 20211,2491,2791,9871,221
Jun 20211,1411,1921,7411,140
May 20211,0951,1501,6931,218
Apr 20219731,0611,4481,227
Mar 20211,0001,0071,4721,242
Feb 20219279641,5561,119
Jan 20218768881,563910
Dec 20208228391,317886
Nov 20208228281,356886
Oct 20208408421,481879
Sep 20208398571,312877
Aug 20208588421,299864
Jul 20208448661,636891
Jun 20208949001,389881
May 20209349211,523851
Apr 20208909201,677812
Mar 20209038971,266834
Feb 20209078861,218849
Jan 20208988781,111835
Dec 20199158341,131897
Nov 20199498441,191914
Oct 20199718961,208920
Sep 20199969421,222924
Aug 20191,0749431,375994
Jul 20191,0539741,295941
Jun 20191,0629721,1771,014
May 20191,0759701,3411,058
Apr 20191,0639561,3941,059
Mar 20191,0809631,3611,033
Feb 20191,0719501,321986
Jan 20191,0809481,383999
Dec 20181,0979531,4271,015
Nov 20181,1031,0041,3671,072
Oct 20181,1049661,3461,083
Sep 20181,0749741,3221,121
Aug 20181,1369881,4491,133
Jul 20181,1149761,5941,189
Jun 20181,1371,0271,5581,253
May 20181,2531,0731,6271,198
Apr 20181,2261,1111,6311,226
Mar 20181,2341,1141,6911,177
Feb 20181,2001,0931,5681,154
Jan 20181,1461,0751,5701,127
Dec 20171,1431,0501,4191,189
Nov 20171,1501,0651,3931,229
Oct 20171,1691,0681,3281,203
Sep 20171,1421,0401,3591,061
Aug 20171,1321,0411,432993
Jul 20171,1421,0051,4301,012
Jun 20171,1019851,2461,160
May 20171,0939541,3561,399
Apr 20171,0559101,1721,409
Mar 20171,0919341,2351,417
Feb 20171,1521,0001,2051,484
Jan 20171,1681,0261,1751,459
Dec 20161,0271,0051,1371,167
Nov 20168088941,2541,021
Oct 20167457801,207936
Sep 20166977261,363943
Aug 20166526811,230923
Jul 20166816711,348897
Jun 20166627051,273812
May 20166947561,099782
Apr 20166457551,034771
Mar 20166506411,046788
Feb 20166686051,195803
Jan 20165946181,526846
Dec 20156345541,357897
Nov 20156617151,358901
Oct 20156997391,197965
Sep 20157287641,2221,022
Aug 20157587711,2391,029
Jul 20157617641,2211,029
Jun 20157887731,2351,035
May 20158107741,2271,030
Apr 20158137941,2071,029
Mar 20158418341,2421,037
Feb 20158658611,330932
Jan 20158969101,3161,070
Dec 20149359251,3611,070
Nov 20149569581,3911,045
Oct 20149659741,4371,092
Sep 20149589911,4251,092
Aug 20149551,0001,4191,106
Jul 20149821,0031,414902
Jun 20149599811,4141,067
May 20149559701,4051,074
Apr 20149389441,3751,067
Mar 20149579251,3871,074
Feb 20149199121,3451,062
Jan 20149019021,3241,094
Dec 20138869091,3191,077
Nov 20138878901,3121,076
Oct 20138838911,2981,088
Sep 20131,0488761,2821,095
Aug 20138588821,3081,097
Jul 20139109221,4121,157
Jun 20139139451,4111,158
May 20139651,0021,5601,244
Apr 20139601,0071,5761,173
Mar 20139741,0031,4581,156
Feb 20131,0209981,6201,162
Jan 20139569861,4871,120
Dec 20129569791,5071,107
Nov 20129599881,7601,077
Oct 20129641,0231,5251,137
Sep 20129821,0391,4551,200
Aug 20121,0141,0451,3861,180
Jul 20121,0231,0621,3361,177
Jun 20121,0351,1101,3451,245
May 20121,0261,1061,4401,226
Apr 20121,0169551,4621,197
Mar 20129861,0241,3201,154
Feb 20129889831,3601,189
Jan 20127398671,2751,168
Dec 20119589761,3601,216
Nov 20111,0601,0361,4651,170
Oct 20111,0801,1361,4981,205
Sep 20111,1111,1181,5311,225
Aug 20111,1221,1281,6241,225
Jul 20111,1921,1671,6151,290
Jun 20111,2021,1651,6941,356
May 20111,1421,1631,602961
Apr 20111,1881,1921,6771,389
Mar 20111,1721,1781,6501,319
Feb 20111,2261,2041,6431,311
Jan 20111,1971,2031,6361,280

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Source: UN Comtrade database. Data as of June 2025.


Notes and definitions

1) Figures above are average monthly fob export [not spot ]prices for bulk steelmaking ferroalloys shipped from India. All prices are expressed in US$/t.

2) The price data is for ferro-manganese, harmonised system code 720211 (FeMn, containing by weight more than 2% of carbon); ferro-silico manganese, HS code 720230 (SiMn); ferro-silicon, HS code 720221 (FeSi, containing more than 55% of silicon by weight); and high carbon ferrochrome, HS code 720241 (FeCr, containing more than 4% of carbon by weight).

3) Note that latest price points (the last one or two months in particular) may change, as additional customs data becomes available.

Further information

Ferroalloys are alloys of iron that contain a high percentage of one or more non-ferrous metals as alloying elements. Ferro-alloys such as ferromanganese and ferrosilicon are used for the addition of elements such as manganese, silicon and carbon into liquid steel. Ferroalloys usually have lower melting ranges than pure metal elements and can therefore be incorporated more readily in the molten steel. They are added to liquid steel to achieve a specified chemical composition and provide properties needed to make particular products.

The principal ferroalloys are those of chromium, manganese and silicon. Chromium provides corrosion resistance to stainless steels. Manganese is important for counteracting the harmful effects of sulphur in the production of most steels as well as cast iron. Silicon is used primarily for deoxidation during steelmaking and as an alloying agent in the production of cast iron.

Ferromolybdenum (FeMo) improves weldability, corrosion and wear resistance. Ferrotitanium (FeTi) is usually used as a cleansing agent – the titanium is highly reactive with sulphur, carbon, oxygen and nitrogen, and forms insoluble compounds with these elements which may then be sequestered in slag. For these and other ferro-alloy prices including ferrovanadium (FeV), ferrotungsten (FeW), ferroboron (FeB) and ferrophosphorus (FeP) etc please contact us.


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