On July 9, SteelOrbis reported Indian domestic silicomanganese offer prices at INR 66,000-66,600/mt ($963-971/mt) ex-works in the Raipur (east-central India) and Durgapur (east India) regions.
Sources inform SteelOrbis that prices in both regions are now at INR 65,800-66,200/mt ($960-966/mt) ex-works. Durgapur prices shifted to the lower side of the range while Raipur prices are on the higher side of the range. The bottom of the range decreased by $3/mt while the top of the range decreased $5/mt.
USD = INR 68.56 (Jul 9)
USD = INR 68.54 (Jul 15)