Business Standard

MOIL revises prices of Manganese Ore and other products

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Capital Market

With effect from 01 January 2022

MOIL has fixed/revised prices of different grades of Manganese Ore and other products, effective from 01 January 2022 as under:

1. The prices of all Ferro grades of manganese ore with Manganese content of Mn-44% and above have been reduced by 2.5% on the price prevailing since 01 December 2021 w.e.f. midnight of 31 December 2021/01 January 2022.

2. The prices of all other Ferro grades of manganese ore with Manganese content less than Mn-44%, SMGR (Mn-30% & Mn-25%), Chemical and Fines have been reduced by 5% on the price prevailing since 01 December 2021 w.e.f. midnight of 31 December 2021/01 January 2022.

 

3. The basic price of Electrolytic Manganese Di-oxide (EMD) has been reduced from Rs.1,21,000 to Rs.1,15,000/- w.e.f. midnight of 31 December 2021/01 January 2022.

4. 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 policy.

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First Published: Jan 01 2022 | 2:39 PM IST

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