Category: Silico Manganese
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India: Silico manganese prices extend w-o-w decline on falling ore offers
Weak steel demand, muted exports dampen market Near-term downside likely for domestic silico manganese Domestic silico manganese prices continued to decline, pressured by weak trade activity and subdued downstream demand. The recent price cuts announced by MOIL for May deliveries have lowered raw material costs, prompting buyers to delay procurement in anticipation of further corrections.…