MOIL has fixed/revised prices of different grades of Manganese Ore and other products for the second Quarter of 2018-19 (July-September 2018) with effect from July 01, 2018. The prices of Ferro Grade, SMGR (Mn30% & Mn25%), Chemical Grade and Fines have been increased by about 5% on the existing prices prevailing since June 01, 2018. Further, a discount at the rate of 5% will be offered on the prices effective from July 01, 2018 on specific grade of material BGF534 for dispatches during July 2018.
The basic price of Electrolytic Manganese Dioxide (EMD), has been increased by Rs 200 PMT on the existing price prevailing since April 01, 2018. Further, 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).
