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MOIL revises prices of various grades of manganese ore

02 Nov 2019 Evaluate

MOIL has fixed/revised prices of different grades of Manganese Ore and other products, effective from November 01, 2019. The prices of all grades of Manganese Ore having Manganese (Mn) 37% and above (other than chemical grades) have been decreased by about 20% on the existing prices prevailing since October 01, 2019. The prices of all grades of Manganese Ore having Manganese (Mn) less than 37% and below (other than chemical grades) have been decreased by about 25% on the existing prices prevailing since October 01, 2019. The prices of Chemical grades i.e. DB2320, DB3385, DB3494, DB4546 and DB4547 have been decreased by about 10% on the existing prices prevailing since October 01, 2019.

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).

Peers
Company Name CMP
Coal India 424.35
NMDC 76.79
Ashapura Minechem 504.25
Sandur Manganese 182.25
GMDC 507.75
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