MOIL has fixed/revised prices of different grades of Manganese Ore and other products, effective from March 1, 2018. This step has been taken by the company in line with the business practice of fixing/revising prices Manganese Ore.
The prices of Ferro Grade, SMGR (Mn 30% & Mn 25%) and Chemical Grade have been increased by about 10 % on the prices prevailing since January 1, 2018. The prices of Fines have been increased by about 5% on the prices prevailing since January 1, 2018 and continued the discount at 10% on the basic price with effect from March 1, 2018 of fines namely BGF534, DBF487 and UKF532.
MOIL is the largest iron ore company in India and fifth largest in world. It currently operates seven underground mines (Kandri, Munsar, Beldongri, Gumgaon, Chikla, Balaghat and Ukwa mines) and three opencast mines (Dongri Buzurg, Sitapatore/Sukli, and Tirodi).
