On November 21, SteelOrbis reported Indian domestic silicomanganese offer prices at INR 68,900-69,500/mt ($969-978/mt) ex-Raipur.
According to a source close to SteelOrbis, Indian domestic silicomanganese offer prices are now at INR 67,500-68,000/mt ($962-969/mt) ex-Durgapur and INR 67,200-67,500/mt ($958-962/mt) ex-Raipur. Ex-Raipur prices decreased $11/mt from the bottom of the previous range and $16/mt from the top of the same range.
USD = INR 71.08 (Nov 21)
USD = INR 70.15 (Jan 8)