India: Silico manganese producers hold offers expecting sharp rise in prices

Indian silico manganese producers are holding offers in expectation of good export enquiries in the next few weeks with the possibility of prices rising sharply amid the ongoing war between Russia and Ukraine. The two countries, major silico manganese producers, are also front-ranking exporters of the steelmaking alloy. SteelMint assesses current prices for 60-14 grade at around INR 92,500-95,000/t exw Durgapur, Raipur and Vizag.