On April 16th, 2024, MOIL auctioned 1,125 t of high-carbon (HC) ferro manganese (Mn: 64-72%), 2,000 t of ferro manganese slag, and 1,375 t of manganese ore (MnO2: 55-72%) from its Balaghat plant. 25 t of 70-72% HC ferro manganese and 50 t of 64% HC ferro manganese were booked at INR 67,000/t ($801/t) and INR 61,300/t ($733/t) respectively. 1,800 t slag was sold at INR 8,500/t ($102/t). Market price for HC70% was INR 70,525/t ex-Raipur on April 15th.
