Indian government-run miner MOIL Limited has cut prices of all grades of manganese ore for deliveries in June, a company statement said on Tuesday, June 2.
The company said that prices have been reduced by six percent for ores with Mn content over 44 percent and lowered by five percent for ores with Mn content less than 44 percent.
It said that the price of silicomanganese grade (SMGR) with Mn content of 30 percent and less than 25 percent and chemical grades has been dropped by five 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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