MOIL conducted an auction for 6,350 t of different grades of high-carbon ferro manganese (2,000 t), ferro manganese slag (2,000 t) and manganese ore of dioxide grade (2,350 t) on 28 Oct’22 from its Balaghat plant. Around 1,250 t of HC ferro manganese (70-72%) were booked out of 2,000t at INR 75,600/t, (68%) sold 125t were booked at INR 70,700/t. The ferro manganese price (HC70%) was at INR 79,000/t ex-Raipur.
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