India: Medium-carbon silico manganese prices decline w-o-w on tepid demand

India’s medium-carbon silico manganese prices (Mn: 53%, Si: 20%, C: 0.5% max) decreased by INR 750/t ($9/t) w-o-w to INR 83,500/t ($976/t) exw-Durgapur on 24 Apr’25. Indicative offers ranged between INR 83,000-84,000/t ($970-$982/t), with a deal for 370 t concluded in the range of INR 83,000-84,000/t ($970-$982/t). The price downturn stemmed from weakening high-grade manganese ore values and persistently soft market demand.


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