On July 2, SteelOrbis reported Indian domestic silicomanganese offer prices at INR 65,700-66,200/mt ($954-961/mt) ex-works in the Raipur and Durgapur regions.
Sources inform SteelOrbis that prices in both regions are now at INR 66,000-66,600/mt ($963-971/mt) ex-works. Durgapur prices continue to trend on the higher side of the range while Raipur prices are on the lower side of the range. The bottom of the range increased $9/mt while the top of the range increased $10/mt.
USD = INR 68.89 (Jul 2)
USD = INR 68.56 (Jul 9)