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MOIL revises prices of different grades of Manganese Ore for Q1 2019

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Capital Market
Last Updated : Apr 02 2018 | 10:04 AM IST

With effect from 01 April 2018

MOIL has fixed/revised prices of different grades of Manganese Ore for 1st Quarter 2018-19 (April-June'2018) effective from 01 April 2018 as follows:-

(1) The prices of Ferro Grade, SMGR (Mn30% & Mn25%) and Fines have been increased by about 12.5 % on the existing price prevailing since 01 March 2018. A discount @ 5% will be offered on the prices effective from 01 April 2018 on two specific grades of materials i.e. BG1466 and BGF534 for dispatches during April'2018.

(2) The prices of Chemical Grades of Ore have been increased by about 5% on the existing price prevailing since 01 March 2018.

(3) The price of Electrolytic Manganese Dioxide (EMD), have been increased by about 2.5% on the existing price prevailing since 01 January 2018.

(4) 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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First Published: Apr 02 2018 | 9:49 AM IST

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