Tag: India: Domestic silico manganese faces headwinds amid weak steel demand

Market uncertainty limits large-scale purchases Indian export offers for silico manganese decline Domestic silico manganese prices dipped this week, as steel mills, facing pressure due to weak demand, adopted a cautious approach to procurement. According to BigMint’s assessments, on 22 October 2024, prices slid by INR 1,000-1,300/tonne (t) ($12-16/t) w-o-w to INR 68,100-68,300/t ($811-813/t) exw…