Domestic silico manganese prices rose by INR 3,500-4,000/t across key regions (Raigarh, Durgapur, Vizag and Raipur). Prices are currently hovering around INR 78,000-79,000/t ex-works. The uptrend is primarily driven by a significant increase in imported manganese ore prices, which have risen by $0.21–0.25/dmtu for Mn 37% and Mn 44% grades. Additionally, INR depreciation in recent weeks has further raised ore procurement costs.
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