MOIL conducted an auction for 1,150t HC Ferromanganese of different grades (HC 63-72%) on 24.02.2021. The entire quantity was booked except the 63% Mn material, which received no bids. The almost entire quantity was booked at near to floor price. Grade 68% and 70-72% Mn was booked at INR 64,100/t and INR 67,400/t respectively. Current prices for Ferro Manganese (HC 70%) is at INR 70,000/t ex-Raipur.
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