MOIL has revised prices of different grades of Manganese Ore and other products for first Quarter 2018-19 (April-June’ 2018) effective from May 1, 2018.
The prices of Ferro Grade, SMGR (Mn30% & Mn25%) and Fines have been decreased by about 15% on the existing price prevailing since April 1, 2018. A discount of 5% will be offered on the revised prices on four specific grades of materials i.e. BG102, BG1408, BG1466 & BGF534 for dispatches during May 2018. The prices of Chemical Grades of Ore have been decreased by about 7.5% on the existing prices prevailing since April 1, 2018.
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).
