MOIL has fixed price of various grades of manganese ore for the Quarter January - March, 2016. This step has been taken in line with the company’s business practice of Quarterly revising the prices of manganese ore. Accordingly, the price of all Ferro Grades ores is reduced by 10% on the previous quarter (October- December 2015) prices while the price of all grades of SMGR (Mn 30%) and SMGR Low (Mn 25%) is reduced by 10% on the previous quarter (October-December 2015) prices.
Besides, the price of all grades of Fines is reduced by 10% on the previous quarter (October- December 2015) prices while the prices of all grades of Chemical grades ore is reduced by 5% on the previous quarter (October-December 2015) prices.
Further, there is no change in the existing price of the Electrolytic Manganese Dioxide (EMD).
