MOIL conducted an auction for 5,575 t of different grades of high-carbon (HC) ferro manganese (2,000 t), ferro manganese slag (1000 t) and manganese ore of dioxide grade (2,575 t) on 28 Sep’22 from its Balaghat plant. Around 350 t of HC ferro manganese (70-72%) wes booked at INR 73,550/t. The market price of ferro manganese (HC70%) was at INR 75,000/t ex-Raipur on 28 Sep’22.
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