India’s ferromanganese domestic prices

Friday, 17 May 2019 00:42:04 (GMT+3)   |   San Diego

On February 22, SteelOrbis reported domestic Indian ferromanganese (HC 70 percent) prices at INR 74,000-75,000/mt ($1,042-1,056/mt) ex-works in eastern India. Sources inform SteelOrbis that prices have decreased to INR 71,500-72,000/mt ($1,017-1,024/mt) ex-works in central and eastern India. Prices have decreased $25/mt from the bottom of the previous range and $32/mt from the top of the same range.

USD = INR 71.05 (Feb 22)

USD = INR 70.32 (May 17)

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