India: MOIL to auction 4,050 t of manganese products on 3 Feb

MOIL will conduct an auction for 1,625 t of high-carbon (HC) ferro manganese (1,500 t of 70-72% grade and 125 t of 63-68% grade) and 2,425 t of manganese slag on 3 Feb’23 from its Bhandara mines and Balaghat plant. Domestic ferro manganese (HC70%) prices are at INR 78,000- 79,300/t exw in both Durgapur and Raipur on 27 Jan’23, as per SteelMint’s assessment.