On February 19, SteelOrbis reported Indian domestic silicomanganese offer prices at INR 67,500-68,000/mt ($947-954/mt) ex-works. Prices were reportedly trending toward the higher end of the range in Durgapur and the lower end of the range in Raipur.
Sources inform SteelOrbis that prices continue stable week-on-week in the relevant regions at INR 67,500-68,000/mt ($951-958/mt) ex-works. Due to currency fluctuations, prices increased by $4/mt.
USD = INR 71.28 (Feb 19)
USD = INR 71.01 (Feb 26)