State-run RINL had conducted a reverse auction for 3,070 t of silico manganese (60-15, size:40-100mm) on 25 Mar’23. The entire material was booked at INR 89,900/t FOR (including GST and GEM portal charges). Excluding GST and GEM portal charges, prices are at around INR 75,600/t FOR. SteeMint assessed silico manganese prices at around 74,600/t exw-Vizag on 29 March.

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