Indian government-run miner MOIL Limited has cut prices for all grades of manganese ore for May deliveries, company sources said on Thursday, May 8.
The sources said that that the company has cut the price of ore grade with Mn content more than 44 percent by five percent and the price of grades below 44 percent by 10 percent.
Additionally, the price of silico-manganese grade (SMGR) for both Mn 30 percent and Mn 25 percent has been reduced by 15 percent.