India: Sandur’s manganese ore auction receives good response

MSTC conducted an e-auction for 2,016 t of different grades of manganese ore (Mn 26-30%) on behalf of Sandur Mines (SMIORE) on 19 Mar’22. Five bidders participated in the auction and booked the entire quantity at a price which is 5.34 % higher than the floor price. High prices of imported manganese ore resulted in overwhelming response in SMIORE’s auction, sources informed.


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