Author: Rahul Roshan
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India: Imported manganese ore prices extend decline w-o-w as MOIL’s price cut slows trade
Buyers’ inventories sufficient, several bulk cargoes booked earlier Softer alloy prices, mills’ need-based buying weigh on manganese ore India’s imported manganese ore prices continued their downward trend as smelters adopted a wait-and-watch approach, supported by comfortable inventory levels and weakening manganese alloy prices amid slower trading activity. Additionally, MOIL’s reduction in domestic ore prices for…