State-owned SAIL-IISCO Steel Plant, Burnpur, has concluded a reverse auction for 4,000 t of silico manganese (60-15, size:25-50mm) on 11 Feb’23. The material was booked at INR 68,103/t on FOR basis, inclusive of GEM portal charges. According to SteeMint’s assessment, silico manganese prices stood at around 77,500/t exw-Durgapur on 10 Feb’23.

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