Tag: India: Sandur’s manganese ore auction experience slight decline in bids and continued poor participation

Buyers book 35% of offered quantity Buyers show preference for lower grades On 13 September 2024, Sandur Manganese and Iron Ores Ltd held an auction for 24,696 t of manganese ore (Mn 20-30%, -10-100 mm) fines and lumps. Approximately 8,568 t were sold at prices ranging from INR 2,300/t to INR 9,280/t, while the remaining…