On January 22, SteelOrbis reported Indian domestic silicomanganese offer prices at INR 67,200-67,500/mt ($943-948/mt) ex-works in Raipur and Durgapur.
Sources inform SteelOrbis that prices in the regions mentioned above continue stable at INR 67,200-67,500/mt ($939-943/mt) ex-works with ex-Raipur prices on the bottom of the range. Due to currency fluctuations, prices decreased $4/mt from the bottom of the previous range and $5/mt from the top of the same range.
USD = INR 71.23 (Jan 22)
USD = INR 71.60 (Feb 6)