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MOIL informs about revised pricing

01 Jan 2018 Evaluate

MOIL has informed that the Company has fixed/revised prices of different grades of Manganese Ore and other products, effective from 01.01.2018, as follows The prices of Ferro Grade, SMGR (Mn 30% & Mn 25%) and Chemical Grade have been increased by about 12.5% on the existing prices, following the prices of Fines have been increased by about 10% on the existing prices, the price of Electrolytic Manganese Dioxide (EMD), have been increased by about 7.5% on the existing price and Ferro Manganese/Ferro Manganese Slag and some identified grades of Manganese Ore continue to be sold on e-auction basis as well as through Metal Mandi (M3) of MSTC.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Coal India 403.80
NMDC 67.99
Ashapura Minechem 433.35
Sandur Manganese 163.75
GMDC 439.45
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