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MOIL revises prices of various grades of manganese ore

02 Jan 2019 Evaluate

MOIL has fixed/revised prices of different grades of Manganese Ore and other products for the fourth Quarter of 2018-19 (January-March 2019) with effect from January 01, 2019.

The prices of Ferro Grade, SMGR (Mn 30% & Mn 25%), Chemical Grade and Fines have been decreased by about 10% on the existing prices prevailing since December 01, 2018. On select grades of non-moving low grade manganese ore, discount of 10% has been offered for the dispatches during the January 2019.

Further, on select grades of non-moving low grade manganese ore, MOIL has offered bulk quantity discount ranging from 5% to 20%. The basic price of Electrolytic Manganese Dioxide (EMD) has been increased by Rs 10,000 PMT on the existing price prevailing since October 01, 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).

MOIL Share Price

326.60 -1.00 (-0.31%)
20-Apr-2026 09:25 View Price Chart
Peers
Company Name CMP
Coal India 435.55
NMDC 89.49
GMDC 708.35
Sandur Manganese 217.90
MOIL 326.60
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