Tag: India: 25 000t Gabonese manganese ore imports booked prices surge

In recent weeks, imported manganese ore prices, particularly Gabonese ores, have surged, especially as substitutes for the affected Australian GEMCO ores. This increase, exemplified by a recent deal recorded by BigMint, 25,000t of Gabonese lumps (Mn 44%) have been booked by an Indian player at $5.1/dmtu, up against $4.95/dmtu against last week’s close. Supply constraints,…