Tag: Indian Silico Manganese Prices
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India: Silico manganese prices fall on weaker realization from exports
India is the largest exporter of silico manganese in the world, and almost 40% of its production is exported. However, with the recent appreciation of Indian currency, the export competitiveness of India dropped as the negotiation tolerances shrank. Meanwhile, the exporters are worried about the uncertainty over the benefits under MEIS (Merchandise Exports from India…