India’s government-run MOIL Limited has cut prices of all grades of manganese ore for all deliveries effective immediately, a company statement said on Monday, May 4.
The company said that prices have been reduced by four percent for manganese ore with Mn content of 44 percent and also for ore with Mn content below 44 percent.
MOIL said that silicomanganese grade (SMGR) and chemical grade ore prices have also been reduced by four percent.
I graduated from the University of Kolkata with a degree in economics and have three decades of experience in reporting for leading print media publications, covering key manufacturing industries like iron and steel, energy (fossil and renewable), chemicals and petrochemicals and mining sectors (coal, bauxite, iron ore and copper). I work as a correspondent for SteelOrbis reporting on the Indian steel industry covering pricing and trade trends across the value chain, capacity creations and utilizations, corporate developments, government policy frameworks and industry related news.
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