MOIL has fixed/revised prices of different grades of Manganese Ore and other products, effective from April 01, 2019.
The prices of Ferro Grade and Chemical grade have been increased by about 5% on the prices prevailing since March 01, 2019, while prevailing prices of Silico Manganese Grade (SMGR 25% & SMGR 30%) and Fines have remained un-changed.
Price discount of 10% on the prices effective from March 01, 2019 and also the existing bulk quantity discount ranging from 5% to 20% on the select grades of non-moving low grade manganese ore have been withdrawn.
The basic price of Electrolytic Manganese Dioxide (EMD) has been increased by Rs 5,000 PMT on the existing price prevailing since January 01, 2019.
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).
