MoneyWorks4Me

Moil informs about fixation of price of different grades of manganese ore

01 Mar 2025 Evaluate
In terms of Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Moil has informed that in line with the business practice of fixing/revising prices of Manganese Ore and other products, the Company has fixed/revised prices of different grades of Manganese Ore and other products, effective from 01.03.2025 as follows: 1. The prices of all Ferro grades of manganese ore with Manganese content of Mn- 44% and above have been increased by 10% on the prices prevailing since 01.02.2025 with effect from midnight of 28.02.2025/01.03.2025 for the month of March, 2025; 2. The prices of all other Ferro grades of manganese ore with Manganese content below Mn-44% have been increased by 6.5% on the prices prevailing since 01.02.2025 with effect from midnight of 28.02.2025/01.03.2025 for the month of March, 2025; 3. The prices of all SMGR (Mn-30% including SMGR SMH and CHS578, Mn-25% including CHL442, GML464 and TDL499 & Mn-20%) and Fines grades have been continued on the prices prevailing since 01.02.2025 with effect from midnight of 28.02.2025/01.03.2025 for the month of March, 2025; 4. The prices of all Chemical grades have been increased by 6.5% on the prices prevailing since 01.02.2025 with effect from midnight of 28.02.2025/01.03.2025 for the month of March, 2025; 5. The basic price of Rs 205000 PMT of EMD has continued prevailing since 01.02.2025 with effect from midnight of 28.02.2025/01.03.2025 for the month of March, 2025.

The above information is a part of company’s filings submitted to BSE.
Peers
Company Name CMP
Coal India 419.00
NMDC 80.69
Ashapura Minechem 518.35
Sandur Manganese 182.00
GMDC 553.15
View more..