Tag: India: Domestic silico manganese market experiences price correction despite cost pressures

Billet prices drop, indicate lower finished demand Downturn in steel prices delay purchase decisions The domestic silico manganese market witnessed a surprising downward trend this week, despite hike in imported manganese ore prices. Key producing regions witnessed a notable price correction of INR 2,000/tonne (approximately $24/t) on a w-o-w basis compared to the assessment ending…