Manganese Ore (India) Limited (MOIL) conducted an e-auction of 500 t HC ferro manganese of different grades (HC 63-72%) and 1,000 t ferro manganese slag on 27 May’22 from its Balaghat plant. Around 200t HC ferromanganese (70-72%) and 600 t slag was booked at the floor prices of INR 87,900/t and INR 12,100/t respectively. The current market price of ferro manganese (HC70%) is at INR 91,500/t ex-Raipur.
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