Tag: India: Bids inches down m-o-m in Sandur’s recent manganese ore auction

Only 23% of offered quantity booked Bids see overall increase by mere 0.04% Sandur Manganese & Iron Ore Ltd (SMIORE) had conducted an auction for around 35,280 tonnes (t) of manganese ore (Mn20-34%, -10-100mm) on 28 June 2024. According to sources, around 8,064 t (Mn: 28-34%) were booked at INR 5,350-11,550/t, while nearly 27,216 t…