MoneyWorks4Me

MOIL revises prices of various grades of manganese ore

02 Jun 2020 Evaluate

MOIL has fixed/revised prices of different grades of Manganese Ore and other products. The prices of all grades of Ferro, SMGR grades (Mn 30% & Mn 25%), Fines and Chemical grades have been reduced by about 10% with effect from June 01, 2020 on the prices prevailing since May 01, 2020.

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 407.30
NMDC 70.70
Ashapura Minechem 471.60
Sandur Manganese 175.25
GMDC 466.20
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