State-run RINL has concluded a reverse auction for 2,500 t of silico manganese (63-19, 25-50mm) on 13 Jun’22, which was booked at INR 86,281/t delivered to plant (inclusive of all charges). The material has to be delivered within five months. Silico manganese (60-14) prices in Visakhapatnam were at INR 80,000/t exw, as per SteelMint assessment on 13 Jun.
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