silico manganese auction

India: Bid prices rise at SAIL’s silico manganese auction

State-owned Steel Authority of India Ltd (SAIL) conducted an auction for around 700 t of silico manganese (0-3mm and 3-10mm) on 21 Oct’21 from its Chandrapur Ferro Alloy Plant in Maharashtra. Buyers booked about 200 t of silico manganese (0-3 mm) at a weighted average price of 93,705/t exw and 3-10 mm material at a weighted average price of 117,780/t exw.


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