Tag: Indian Silico Manganese Prices
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India: Silico manganese prices fall owing to dull demand
Indian silico manganese market has turned bearish owing to the downtrending semi-finished steel market. The buying is limited and selling pressure has intensified. The producers are concerned about the manganese ore prices, as MOIL increased prices in the Sep’20 revision. This is hurting their profits and although there is limited demand from the induction furnace…