Tag: Indian Silico Manganese Prices
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India: Silicomanganese prices decline due to slowing demand
Indian silicomanganese prices corrected w-o-w as low demand hit the market. This decline is attributed to the lingering bearish sentiment in the semi-finished steel market. The prices in steel fell by 6.4% w-o-w today. Thus, the buyers have taken a backfoot on any procurements at higher costs. Meanwhile, suppliers of silicomanganese who were enjoying the trail…