MOIL has revised prices of different grades of Manganese Ore for first Quarter 2018-19 (April-June’ 2018) effective from April 1, 2018. The prices of Ferro Grade, SMGR (Mn30% & Mn25%) and Fines have been increased by about 12.5% on the existing price prevailing since March 1, 2018. A discount of 5% will be offered on the prices effective from April 1, 2018 on two specific grades of materials i.e. BG1466 and BGF534 for dispatches during April’ 2018.
The prices of Chemical Grades of Ore have been increased by about 5% on the existing price prevailing since March 1, 2018. The price of Electrolytic Manganese Dioxide (EMD), have been increased by about 2.5% on the existing price prevailing since January 1, 2018. Ferro Manganese/Ferro Manganese Slag and some identified grades of Manganese Ore will continue to be sold on e-auction basis as well as through Metal Mandi (M3) of MSTC.
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).
