India’s medium-carbon silico manganese prices (Mn: 53%, Si: 20%, C: 0.5% max) remained unchanged w-o-w at INR 84,700/t ($978/t) exw-Durgapur on 20 Feb’25. Offers were at around INR 84,000-85,000/t ($970-981/t), but no trades occurred. The price stability can be attributed to need-based procurement and the INR’s depreciation.
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