India: Silico manganese export prices remain stable amid weak buying activity

Indian silico manganese export prices held largely stable w-o-w, amid sluggish procurement and falling imported manganese ore costs. As of 5 May’25, BigMint assessed 65-16 grade at $931/t FOB, down $1/t w-o-w, while 60-14 grade prices dropped $2/t to $840/t FOB. Prices may remain under slight pressure due to subdued global steel demand and prevailing market caution.


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