Business Standard

MOIL revises prices of Manganese Ore and other products

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Capital Market

With effect from 01 January 2020

MOIL has fixed/revised prices of different grades of Manganese Ore and other products, effective from 01 January 2020 as under -

(1) The prices of all grades of manganese ore having Mn-44% and above have been increased by around 7.5 % and all the other Ferro grades of Manganese Ore having Manganese below 44% have been increased by around 10 % on the prices prevailing as on 31 December 2019.

(2) The prices of SMGR grades (Mn-30% & Mn-25%) and all grades of Fines (except Balaghat Fines) have been increased by around 15 % and price of Balaghat Fines have been increased by 10% on the prices prevailing as on 31 December 2019.

 

(3) The prices of all grades of Chemical have been increased by around 10% on the prices prevailing as on 31 December 2019.

(4) The basic price of Electrolytic Manganese Di-oxide (EMD) has been increased by around 5% on the prices prevailing as on 31 December 2019.

(5) Ferro Manganese/Ferro Manganese Slag and some identified grades of Manganese Ore will continue to be sold by e-auction as well as through Metal Mandi (M3) of MSTC, in line with the existing price.

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First Published: Jan 02 2020 | 9:54 AM IST

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