India: MOIL cuts high-grade manganese ore prices by 7.5% m-o-m

MOIL has announced prices of manganese ore of all grades for Nov-Dec’22. The miner has lowered prices of ferro grades with manganese content of Mn-44% and above by 7.5%. However, prices of all the other grades – below Mn 44%, SMGR (30%, 25%), fines and chemical grades – have been kept unchanged m-o-m. The miner has offered a balance quantity of 123,622 t of manganese ore for the remainder of Q4CY’22.


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