State-run RINL had conducted a reverse auction for 2,000 t of silico manganese (60-15, size:25-50mm) on 28 Mar’23. The entire material was booked at INR 89,600/t FOR (including GST and GEM portal charges). Excluding GST and GEM portal charges, prices are at around INR 75,500/t FOR. SteeMint assessed silico manganese prices at around 73,000/t exw-Durgapur on 28 March.
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