Tag: India: Bids in Sandur’s manganese ore auction declined compared to earlier auction this month

Buyers book 31% of offered quantity Lower grades (28-30%) get preference On 10 October 2024, Sandur Manganese & Iron Ore Ltd auctioned 22,680 tonnes (t) of manganese ore (Mn: 20-34%, -10-100mm). Approximately 7,056 t were sold at prices ranging from INR 2,500-10,600/t, while the remaining 15,624 t remained unsold, as reported by BigMint. Data indicated…