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MOIL revises prices of various grades of manganese ore

02 Jan 2020 Evaluate

MOIL has fixed/revised prices of different grades of Manganese Ore and other products, effective from January 01, 2020. The prices of all grades of manganese ore having Mn-44% and above have been increased by around 7.5 % and all the other Ferro grades of Manganese Ore having Manganese below 44% have been increased by around 10 % on the prices prevailing as on December 31, 2019.

The prices of all grades of Chemical have been increased by around 10% on the prices prevailing as on December 31, 2019. The basic price of Electrolytic Manganese Di-oxide (EMD) has been increased by around 5% on the prices prevailing as on December 31, 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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