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

01 Jun 2023 Evaluate

MOIL has fixed/revised prices of different grades of Manganese Ore and other products, effective from June 01, 2023.  The prices prevailing since May 01, 2023 for all grades of manganese ore i.e. Ferro grade, SMGR (Mn30% & Mn-25%), Fines (except BGF452, CHF473 and GMF569) and Chemical grades have been continued for the month of June, 2023 and shall be in effect from midnight of May 31, 2023/ June 01, 2023. 

The prices prevailing since May 01, 2023 for the grades BGF452, CHF473 and GMF569 has been increased by 10% for the month of June, 2023 and shall be in effect from midnight of May 31, 2023/ June 01, 2023. The price of EMD prevailing since May 01, 2023 has been continued for the month of June 2023 and shall be in effect from midnight of May 31, 2023/ June 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 421.15
NMDC 80.20
Ashapura Minechem 521.75
Sandur Manganese 182.35
GMDC 544.00
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