Indian silico manganese prices fell by around INR 500/t in the domestic market, as per SteelMint reports.
- Current offers for silico manganese (HC 60-14) in Raipur and Durgapur are at INR 98,500-99,000/t, exw.
- A majority of deals were concluded in the range of INR 98,000-98,500/t.
- As per sources, producers were awaiting MOIL’s price revision for manganese ore. The state-owned miner has raised prices by 7.5% for Q2 of the current fiscal.
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