Tag: India: Sandur’s manganese ore bids remain firm despite poor participation
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India: Bids remain stable in Sandur’s recent manganese ore auction despite limited participation
Buyers book only 7% of offered quantity Lower grades (26-28%) get preference On 18 December 2024, Sandur Manganese & Iron Ore Ltd auctioned 57,456 tonnes (t) of manganese ore (Mn: 20-35%, -10-100mm). Approximately 4,032 t were sold at prices ranging from INR 2,500-12,400/t, while the remaining 53,424 t remained unsold, as reported by BigMint. Sources…