India: MOIL to conduct 6,375 t of manganese products auction on 11 Jan

MOIL will conduct an auction for 1,700 t of high-carbon (HC) ferro manganese of 63-72% grade, 1,700 t of ferro manganese slag and 2,975 t of manganese ore of dioxide grade on 11 Jan’23 from its Bhandara mines and Balaghat plant. Domestic ferro manganese (HC70%) prices were at around INR 74,700-75,000/t exw from both Durgapur and Raipur on 30 Dec’22, as per SteelMint’s assessment.