Tag: India: Domestic Silico manganese prices faces downward pressure amidst competitive pricing

Traders’ aggressive pricing strategy impacts smelters Inventory glut, weak steel market induce panic selling Domestic silico manganese prices declined this week due to a combination of factors, including panic selling and falling offers from market participants. The surplus material available with traders further exacerbated the downward pressure on prices. According to BigMint’s assessments on 5…