MOIL will conduct an auction for 5,325 t of different grades of high-carbon (HC) ferro manganese (1,750 t), ferro manganese slag (500 t) and manganese ore of dioxide grade (350 t) on 24 Aug’22 for it’s Bhandara mines and Balaghat plant. Domestic ferro manganese (HC70%) prices were at around INR 80,000/t exw-Durgapur on 12 Aug’22, as per SteelMint’s assessment.
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