Tag: India: Medium-carbon silico manganese prices fall w-o-w

Weak ore prices drag alloy market lower Cautious buying continues across domestic markets Indian medium-carbon silico manganese (Mn 53%, Si 20%, C max 0.5%) prices fell by INR 1,200/t ($13/t) w-o-w to INR 91,500/t ($967/t) exw-Durgapur on 7 May. The downturn was primarily driven by weakening high-grade manganese ore prices and a cautious market environment,…