India’s domestic silicomanganese prices firm up

Tuesday, 05 March 2019 21:38:17 (GMT+3)   |   San Diego

On February 26, SteelOrbis reported Indian domestic silicomanganese offer prices at INR 67,500-68,000/mt ($951-958/mt) ex-works.

According to sources close to SteelOrbis, prices have improved as a result of higher ore prices. Prices are now reportedly at INR 68,000-68,300/mt ($963-968/mt) ex-works, up $12/mt from the bottom of the previous range and up $10/mt from the top of the same range.

USD = INR 71.01 (Feb 26)

USD = INR 70.59 (Mar 5)

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