Tag: bids drop since April 2025

Buyers book around 33% of offered quantity Buyer caution limits participation  On 5 June 2025, Sandur Manganese and Iron Ore (SMIORE) conducted an auction for 25,704 t of manganese ore (fines and lumps, Mn 18-35%, -10 to 100 mm). Of the total quantity offered, only approximately 8,568 t (33%) was successfully sold, with prices ranging…