India: SAIL-RSP books about 17,000 t silico manganese at reverse auction

SAIL’s Rourkela Steel Plant (RSP) concluded a reverse auction for 16,963 t of silico manganese (60-15) on 23 Nov’22. The material was booked at around INR 76,325/t FOR (excluding GST) on 10 days’ credit basis, sources informed. According to SteelMint’s assessment on 23 Nov, silico manganese (60-14) prices were hovering around INR 73,900-74,700/t exw in Durgapur and Raipur.


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