Tag: RINL’s ferro manganese auction result

India: RINL books 4,000 t of ferro manganese at reverse auction

Mar 27, 2023

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by

Anvita Pandey

in Ferro Manganese

State-run RINL conducted a reverse auction for 4,000 t of ferro manganese (25-50 mm) on 24 Mar’23. The entire material was booked at INR 90,179/t FOR (including GST and GEM portal charges). Excluding GST and GEM portal charges, prices were at around INR 76,000/t FOR. SteelMint’s assessment of ferro manganese (HC 70%) prices stood at…