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MOIL revises prices of various grades of manganese ore

01 Apr 2021 Evaluate

MOIL has fixed/revised prices of different grades of Manganese Ore and other products, effective from April 01, 2021. The prices of all grades of Ferro, SMGR grades (Mn30% & Mn25%), Fines and Chemical grades have been increased by 5% effective from April 01, 2021on the prices prevailing since March 01, 2021. The basic price of Electrolytic Manganese Di-oxide (EMD) has been continued as prevailing since January 01, 2021. Ferro Manganese/Ferro Manganese Slag and some identified grades of Manganese Ore will continue to be sold by e-auction as well as through Metal Mandi (M3) of MSTC, in line with the existing policy.

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 422.40
NMDC 80.70
Ashapura Minechem 515.60
Sandur Manganese 181.30
GMDC 543.85
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