India: Medium-carbon silico manganese prices remain flat amid market lull

Medium-carbon silico manganese (Mn 53%, Si 20%, C max 0.5%) prices in India remained unchanged w-o-w at INR 83,900/t ($946/t). Prices remained flat amid weak steel sector demand, sufficient material availability, and soft trading activity, which kept buyers cautious and market sentiment stagnant. Offers were heard in the range of INR 83,500-84,000/t ($942-947/t), while a deal for around 1,620 t was concluded at INR 84,000/t ($947/t).


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