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
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
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