Tag: India: Silico manganese prices are declining due to bearish market demand

Silico manganese prices decreased slightly last week due to bearish demand. Imports of raw materials and rangebound input cost movements restricted the market’s stability, leading to a fall in steel demand. The price of silico manganese fell as a result. As per SteelMint’s assessment, Raipur-based producers offered material at around 78,000/t exw, stable w-o-w, while…