- Manganese alloys improves on stronger producer asks
- Ferro silicon gains as supplies remain tight
Silico manganese prices advance amid stronger producer offers
Silico manganese prices increased by INR 575/t to INR 74,500-75,400/t ($788-798/t) across key regions, while export offers for 65-16 grades rose by $20/t to $906/t FOB Vizag/Haldia.
The gains were supported by firmer producer offers, margin protection through grade-mix adjustments and MOIL’s September price revision, which kept raw-material costs relatively supported. MOIL, however, kept manganese ore prices unchanged for September after reducing ferro-grade prices by 4% and other grades by 5% in August.
Ferro manganese prices sees improvement w-o-w
Ferro manganese prices rose by around INR 1,000/t ($100/t) w-o-w to INR 80,000/t ($846/t) exw in Durgapur and Raipur. Prices rose on improved buying interest, steady consumer demand and tighter spot availability, encouraging sellers to raise offers amid limited downside pressure.
Manganese ore prices reflect mixed trends w-o-w
Imported manganese ore prices showed mixed trends w-o-w. Australian Mn46% was assessed at $5.1/dmtu, down by $0.02/dmtu, while Gabonese Mn44% stood at $4.68/dmtu, down by $0.14/dmtu and South African Mn37% at $4.22/dmtu, unchanged w-o-w.
Ferro chrome prices remain static w-o-w
Ferro chrome prices stayed unchanged to INR 119,000/t ($1,247/t).Market conditions remained largely unchanged, with no major deals concluded during the week. However, higher met coke costs continued to support seller offers.
Ferro silicon prices rise on tight supplies w-o-w
Ferro silicon prices went up by INR 1,300/t ($14/t) w-o-w at INR 88,300/t ($934/t) in Guwahati and INR 87,800/t ($929/t) in Bhutan, up by INR 700/t ($7/t).The price hike could be attributed to tighter supply in the market and higher offers from sellers, as most suppliers were out of stock during the month-end.
Additionally, Bhutan opened September offers at INR 87,000/t ($921/t), which will provide direction to prices in the coming days.
Noble alloy prices show mixed market trends w-o-w
Indian ferro molybdenum prices remained unchanged w-o-w at INR 4,359,000/t ($45,772/t) ex-works. Despite a slight correction in global prices, Indian prices remained supported by steady molybdenum oxide costs. However, overall market sentiment remained cautious, with buyers largely restricting purchases to immediate requirements.
India’s ferro titanium prices remained stable w-o-w at INR 370,000/t ($3,911/t) ex-works India, with balanced supply-demand conditions keeping the market rangebound. Trading activity remained steady, while buyers continued to adopt a cautious approach and procure primarily against immediate requirements.
Indian ferro vanadium (FeV 50%) prices declined by INR 21,500/t w-o-w to INR 1,274,500/t ($13,420/t). The decline was driven by limited buying interest and inventory pressure, with consumers restricting purchases amid expectations of further price corrections in both domestic and international markets.
IEX: Spot prices remain mostly stable w-o-w
Electricity prices on the Indian Energy Exchange (IEX) averaged INR 6.37/unit during 30 August – 5 September 2026, slight from INR 6.42/unit in the previous week.
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