Tag: India: Sandur’s manganese ore bids remain steady w-o-w

  • India: Bids fall in latest SMIORE manganese ore auction

    India: Bids fall in latest SMIORE manganese ore auction

    Buyers purchase 35% of offered quantity Weaker alloys market drives drop in bids On 20 November 2024, Sandur Manganese and Iron Ores Limited (SMIORE) auctioned 27,720 tonnes (t) of manganese ore (Mn: 20-34%, -10-100 mm). Approximately 9,576 t (around 35% of the offered quantity) were sold, fetching prices in the range of INR 8,200-11,400/t. A…