Tag: India: Sandur’s manganese ore auction witness uptick in bids despite poor participation

Buyers book 35% of offered quantity Buyers mostly prefer lower grades (28-30%) On 3 October 2024, Sandur Manganese & Iron Ore Ltd auctioned 23,184 tonnes (t) of manganese ore (Mn: 20-30%, -10-100mm). Approximately 8,064 t were sold at prices ranging from INR 4,800 to 10,000/t, while the remaining 15,120 t remained unsold, as reported by…