State-owned miner MOIL conducted an e-auction for 925 t of HC ferro manganese of different grades (63-72%) on 22 Sep’21 from its Balaghat plant. The whole quantity of 925 t was booked at 0.42% higher than the base price. MOIL kept the base price unchanged owing to better demand for ferro manganese. The current market price of ferro manganese (HC 70%) stands at 106,875/t ex-Raipur.
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