Tag: India: Bids decline in Sandur’s recent manganese ore auction

Buyers book around 28% of offered quantity Demand mainly focused on Mn30-32% grade On 5 April 2025, Sandur Manganese and Iron Ore (SMIORE) held an auction for 18,144 t of manganese ore (Mn18-35%, -10-100 mm). Of the total quantity offered, 5,040 t (Mn20-35%) were successfully sold, with prices ranging from INR 2,520-12,210/t. Approximately 28% of…