Tag: India: Low domestic consumption causes Silico Manganese prices to drop

Indian silico manganese prices dropped further due to low domestic demand and production cuts taken by several mills amid bearish sentiments. Due to the fluctuation in raw material prices, buyers reduced their bids which resulted in a drop in silico manganese prices w-o-w. As per SteelMint’s assessment, Raipur-based producers offered material at around INR 72,500/t…