Tag: India: Domestic silico manganese Softens w-o-w as momentum wavers across key hubs
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India: Silico manganese prices soften w-o-w on high inventories, dull trading sentiment
Weak steel demand weighs on silico prices High costs, muted exports deepen market gloom Domestic silico manganese prices witnessed a marked decline, primarily driven by a significant slowdown in steel sector demand. Manufacturing orders remained muted as mills curtailed production ahead of year-end maintenance shutdowns, reducing their raw-material offtake. On the other hand, global uncertainties…