Tag: India: Domestic silico manganese prices remains firm amid supply demand mismatch
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India: Domestic silico manganese prices inch down further amid supply-demand mismatch
Buyers gain upper hand in domestic market Smelters cut production to stabilise prices Domestic silico manganese prices have remained under pressure this week, as steel mills, facing weak demand, have adopted a cautious approach to procurement and are opting for need-based buying. This cautious sentiment, coupled with surplus supply, has put pressure on smelters to…