Tag: India: Silico manganese offers surge post-MOIL’s price revisions

Indian silico manganese players have raised their offers by INR 10,600-12,500/t following a hike in manganese ore prices by MOIL & hike in electricity tariffs in Chhattisgarh. BigMint’s assessment for SiMn (60-14) are heard around INR 92,000-95,500/t exw ($1,109-$1150/t) Raipur. However, Sources report that while minor transactions have been completed, appearing as panic buying, bulk…