SAIL-Salem Steel Plant (SSP) conducted a reverse auction for 1,675 t of medium carbon (MC) silico manganese (Mn:55%, C: 0.5% max, 10-70 mm) on 4 Mar’24. The entire material was booked at around INR 90,700/t FOR (without GST and GEM portal charges), sources informed. BigMint assessed silico manganese (Mn:53%, C:0.5% max, size:10-150 mm) prices at INR 86,500/t exw-Durgapur on 29 Feb’24.
