Manganese Ore

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MOIL has declared Manganese Ore prices for the first quarter of CY20. Prices of Manganese Ore has been rebounding for the past few weeks. This can largely be attributed to the Manganese ore supplies from South Africa and Gabon decreased as the small miners shut down their mines when the prices hit below USD 4/dmtu. Manganese ores availability is an issue from Zambia and Brazil due to rainy season there and this has created a cascading effect and a Manganese Ore shortage in the domestic market was experienced which in line pulled the Manganese ore prices for the first quarter.
News ID: 8213    Publish Date : 2020/01/02

State-owned, MSTC-Karnataka, conducted the e-auction for Manganese Ore from Sandur Mines (SMIORE) on 26 Dec' 19. The auction has received an overwhelming response, as the entire quantity of Manganese ore was booked at 27.5% higher value than the total Floor value pt the base price of Manganese ore firm for December Auction.
News ID: 8136    Publish Date : 2019/12/27

South African Manganese Ore exports have hit record levels of over 1.8MnT in Sep’19. The country’s Manganese Ore exports were 1,819,213MT in Sep’19, taking the year-to-date Production at 14.99MnT which is 15% higher than the previous year.
News ID: 7351    Publish Date : 2019/11/05

MOIL has declared Manganese Ore prices for the Nov’19, effective from 1st Nov 2019. Imported Manganese ore prices have been falling sharply and the fall in last week was up to 18%, which made the domestic prices costlier compared to the imported carbonate ores.
News ID: 7334    Publish Date : 2019/11/01

South African Carbonate Ore prices dipped by 65 cents/dmtu to USD 3.65/dmtu CIF India, December shipments. Prices have been falling down since the start of this month, but the fall is lower than expected as the prices are now two years low and further fall is still expected.
News ID: 7114    Publish Date : 2019/10/29

Oversupply and low demand are pulling down the seaborne Manganese ore market. Major importers like China and India are postponing their shipments from South Africa as the alloy manufacturers hope the prices to fall further. With the dipping Manganese alloy prices, the producers are approaching to the cost line and the buying interest of steel manufacturers are tepid. In addition to this, the present inventory levels with the producers are restraining them from booking any more consignments.
News ID: 7049    Publish Date : 2019/10/22

Manganese Ore imports increased by more than double in Sep'19 M-o-M in line with the delayed shipments. Normally, it takes about two months to receive a shipment post confirmation of the orders.
News ID: 6985    Publish Date : 2019/10/16

Manganese Ore India Ltd (MOIL), a Mini Ratna Schedule-A CPSE, under the administrative control of the Ministry of Steel, is the largest producer of manganese ore in the country.
News ID: 6363    Publish Date : 2019/09/03

Seaborne Manganese Ore prices raised amid shortage of material at Chinese Ports. South African Carbonate Ores price was raised last week and this week Australian and Gabonese Ores followed the suit. However, the sudden increase in the global freight rates have decreased margins on Manganese Ore Shipments.
News ID: 5251    Publish Date : 2019/07/17

Global manganese ore prices are likely to rise amid shortage of material at Chinese Ports. South African Carbonate Ore prices have raised due to unavailability of abundant material in the ports.
News ID: 5123    Publish Date : 2019/07/11

Manganese Ore India Ltd (MOIL), a Mini Ratna Schedule-A CPSE, under the administrative control of the Ministry of Steel, is the largest producer of manganese ore in the country. MOIL contributes to 50% of the total production and holds 34% of the Manganese Ore reserves.
News ID: 4752    Publish Date : 2019/06/04

Manganese Ore India Ltd (MOIL), a Mini Ratna Schedule-A CPSE, under the administrative control of the Ministry of Steel, is the largest producer of manganese ore in the country
News ID: 4234    Publish Date : 2019/04/08

Indian Silico Manganese Prices were stable amid moderate demand in the domestic market. Producers stated that the market sentiments were almost similar throughout the market and due to the prevailing dull steel market, redemption of prices cannot be foreseen in the near future.
News ID: 4198    Publish Date : 2019/04/06

Brazil's pig iron exports increased by about 19% M-o-M in the first month of 2019, according to trade statistics released by Brazilian customs.
News ID: 3915    Publish Date : 2019/03/09

The Silico Manganese market in China is relatively stable. The mainstream quotations is concentrated between RMB 7,500-7,700 /MT. The plants in South China are offering at RMB150/MT more than those in North due to the high cost of manganese ore and electricity.
News ID: 3478    Publish Date : 2019/01/29

Manganese ore exports from South Africa reduced from 1.76 MnT in Oct’18 to 1.53 MnT in Nov'18 which accounts to 12.56% decrease. However, exports were recorded highest for the Month of Oct’18 followed by the exports in the month of Jul’18.
News ID: 3409    Publish Date : 2019/01/26

Manganese Ore exports from Brazil made a remarkable hike from 174,832 MT in Nov’18 to 348,038 MT in Dec'18 which accounts to 99.07% increase. However, in CY 2018 the exports were highest for the month of August with an export quantity of 405,179 MT.
News ID: 3294    Publish Date : 2019/01/16

Steel manufacturers are going through tough times as the margins which effects the demands of Silico Manganese. Moreover, global demand also suffers because of Christmas holidays in December. Although, lower prices of Manganese Ore have brought the producers some relief, during the sluggish market conditions.
News ID: 3275    Publish Date : 2019/01/15

The price of seaborne Manganese Ore to India for high grade ore has fallen with price reduction from big miners. Australian Manganese Ore grade 46% is being offered at around USD 7.3 /DMTU CIF India for January shipments
News ID: 3026    Publish Date : 2018/12/21

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