Tag: India: Sandur recent manganese ore auction sees firm bids amid market cautiousness

Buyers acquire around 30% of offered quantity Demand mainly focused on lower grades On 12 March 2025, Sandur Manganese and Iron Ore (SMIORE) held an auction for 22,176 tonnes of manganese ore (Mn: 18-35%, -10-100 mm). Of the total quantity offered, 6,552 t (Mn: 20-32%) were successfully sold, with prices ranging from INR 2,520-11,370/t. Approximately…