India-MOIL offers 8,608 MT of Manganese Ore through MSTC  

MOIL is inviting bids for purchase of 8608 MT of Manganese Ore (Mn: 43-46.5%, Fe: 8-13%) through MSTC.

The tender will close on 21 June, 2013 at 5 p.m

MOIL offers 880 MT of High Carbon Ferro Manganese through MSTC

Moil is offering 688 MT of High Carbon Ferro Manganese (78%) , 144 MT of High CarbonFerro Manganese (74%) , and 48 MT of High Carbon Ferro Manganese (73%) from its Balaghat plant. SteelMint assessed that current prices of Ferro Manganese offered by local traders in Raipur stand at Rs. 52,000/MT (70%Mn), and Rs. 55,500/MT (75% Mn) – All prices are basic.

The tender will close on 21 June, 2013 at 2 p.m

Market participants from Raipur revealed that the Chhattisgarh Ferro Alloy Producers Association is in the process of fixing the floor price for the sale of Ferro Manganese. An announcement is expected by Monday. Sources believe that the floor price for HC Ferro Manganese (Mn-70%) will be set at Rs. 55,000/MT.