MMTC is offering 5,000 MT imported Manganese ore of UMK, South African origin at Vizag port. The available material shall be lumps with size ranging between 6 to 75 mm and shall be sold against 100% advance payment after delivery.
Chemical Specification
|
Specification |
Grade |
| Manganese (Mn) | 36.18% min |
| Iron (Fe) | 6.18% max |
| Phosphorous (P) | 0.042% max |
| Sulphur ( S) | 0.010% max |
Percentage: As per Discharge port analysis report
Prices should be quoted in INR/MT. Last date for submission of offers will be 09 Apr’15 at 15.00 hrs and opening of offers will be on the same day at 16.00 hrs.
Manganese ore demands weaken in India
Indian Ferro alloys market has been dull since past few months. There is a drop in domestic Manganese ore prices in both Indian and global market. As such, Indian manufacturers are keeping an eye on next quarter prices (Apr-Jun’15) of the largest Manganese ore miner, MOIL, expecting correction.
Also, the e-auction of Manganese ore held on 13 Mar’15 by MSTC, saw low buying interest from buyers. About 3,968 MT Manganese ore was put on auction. Major participants were Chhattisgarh, Goa, Karnataka & Andhra Pradesh producers. The next e-auction for Manganese ore by MSTC, offering 39,184 MT, will be conducted on 24 Mar’15.
Leave a Reply