Imported manganese ore prices have remained relatively stable this week despite a recent increase in demand. Market overview Smelters tread carefully amid market volatility: Indian smelters are adopting a cautious approach to manganese ore procurement, prioritising inventory management in the face of an uncertain market outlook. With sufficient inventory levels to meet current demand, smelters […]
Tag: manganese
India: MOIL lifts manganese ore prices for Jan’25. Know why?
MOIL, India’s state-owned mining company, announced a slight increase in offers for manganese ore, effective from January 2025. Mn grades above 44% have witnessed a marginal hike of 1% in offers m-o-m, while lumps below 44% saw an uptick by 5% from last month’s offer, BigMint learnt from sources. Meanwhile, all SMGR (Mn-30%, Mn-25% & […]