India: RINL books 840 t of LC ferro manganese at reverse auction

State-run Rashtriya Ispat Nigam Ltd (RINL) has concluded a reverse auction for 840 t of low carbon (LC) ferro manganese (grade:92%min and size: 10-60 mm) on 17 Jan’23. The entire material was booked at around INR 227,000/t FOR, including GST and GEM portal charges, sources informed.


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