MOIL has revised prices of different grades of Manganese Ore and other products for the first Quarter of 2018-19 (April-June’ 2018) with effect from June 01, 2018.
The prices of Ferro Grade, SMGR (Mn30% & Mn25%) and Fines have been decreased by about 15% on the existing prices prevailing since May 01, 2018. Further, a discount at the rate of 5% will be offered on the revised prices of ‘Three’ specific grades of materials i.e. BG102, BG1408 & BGF534 and discount at the rate of 10% will be offered on revised price of BG1466 for dispatches during June’2018.
The prices of Chemical Grades of Ore have been decreased by about 20% on the existing prices prevailing since May 01, 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).