MOIL has fixed/revised prices of different grades of Manganese Ore with effective from October 01, 2018, in line with the business practice of fixing/revising prices Manganese Ore.
The prices of Ferro Grade, SMGR (Mn 30% & Mn 25%), Chemical Grade and Fines have been increased by about 10% on the existing prices prevailing since September 01, 2018. A discount at the rate of 10% will be offered on the prices effective from October 01, 2018, on specific grades of materials i.e. BGF534, DBL456 & BGL523 for dispatches during October 2018.
The basic price of Electrolytic Manganese Dioxide (EMD), has been increased by Rs 9000 PMT on the existing price prevailing since July 01, 2018. Besides, 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).
