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MOIL revises prices of different grades of manganese ore, other products

01 Mar 2023 Evaluate

MOIL has fixed/revised prices of Manganese Ore and other products effective from March 01, 2023. The prices of all Ferro grades of manganese ore with Manganese content of Mn-44% and above have been increased by 8% on the prevailing prices since February 01, 2023 with effective from midnight of February 28, 2023/ March 01, 2023.

The prices of all other Ferro grades of manganese ore with Manganese content below Mn-44%, SMGR (Mn-30% & Mn-25%), Fines and Chemical grades have been continued as prevailing since February 01, 2023 with effective from midnight of February 28, 2023/ March 01, 2023.

The basic price of Electrolytic Manganese Dioxide (EMD) has been increased for the month of March 2023 from Rs 1,95,000 PMT to Rs 2,00,000 PMT with effective from midnight of February 28, 2023/ March 01, 2023.

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 420.90
NMDC 80.50
Ashapura Minechem 521.10
Sandur Manganese 179.95
GMDC 543.80
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