MOIL cuts Manganese Ore prices, offers discounts on selected grades

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Biznext India  : Public sector Manganese Ore producer MOIL has fixed/revised prices of different grades of Manganese Ore, effective from 1st January.  The prices of Ferro Grade, SMGR (Mn 30% & Mn 25%), Chemical Grade and Fines have been decreased by about 10% on the existing prices prevailing since 1st December 2018.  On select grades of non-moving low grade manganese ore, a discount of 10% has been offered for the dispatches during the January’2019.

Further, on select grades of non-moving low-grade manganese ore, MOIL has offered bulk quantity discount ranging from 5% to 20%.  The basic price of Electrolytic Manganese Dioxide (EMD) has been increased by Rs.10,000 PMT on the existing price prevailing since 1st October 2018. Ferro Manganese/ Ferro Manganese Slag and some identified grades of Manganese Ore will continue to be sold on e-auction basis as well as through Metal Mandi (M3) of MSTC.

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