MOIL will conduct an auction for 2,825 t of high-carbon (HC) ferro manganese of 63-72% grade, 1,000 t of ferro manganese slag and 2,940 t of manganese ore of dioxide grade on 23 Nov’22 from its Bhandara mines and Balaghat plant. Domestic ferro manganese (HC70%) prices were at around INR 76,000/t exw-from both Durgapur and Raipur on 16 Nov’22, as per SteelMint’s assessment.

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