On April 22, SteelOrbis reported Indian domestic silicomanganese offer prices at INR 67,000-67,300/mt ($962-966/mt) ex-works in the Raipur and Durgapur regions.
According to sources, prices continue stable at INR 67,000-67,300/mt ($967-971/mt) ex-works in both regions. Due to currency fluctuations, prices increased $5/mt from both the bottom and top ends of the previous range.
USD = INR 69.67 (Apr 22)
USD = INR 69.32 (May 5)