Tag: India: Medium-carbon silico manganese prices edge down w-o-w despite firm supplier offers
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India: Medium-carbon silico manganese prices decline w-o-w as buyers secure lower-priced deals
Bulk deals concluded below prevailing offer levels Competitive negotiations pressure executable market prices Indian medium-carbon silico manganese (Mn 53%, Si 20%, C max 0.5%) prices declined by INR 400/t ($4/t) w-o-w to INR 88,100/t ($922/t) ex-works Durgapur on 6 August. Suppliers continued to quote largely unchanged offers at INR 87,600-89,100/t ($917-932/t). However, a 3,000-t deal…