The price of Indian ferromanganese has increased due to rising demand
Time:Mon, 15 Apr 2024 14:32:43 +0800
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The price of 70% high carbon ferromanganese in the Raipur and Durgabur regions has increased by 1,000 rupees/ton ($12/ton) and 900 rupees/ton ($11/ton) on a weekly basis, with factory prices of 69,000 rupees/ton ($825/ton) and 68,900 rupees/ton ($824/ton), respectively. The price increase is due to the increase in domestic demand and the rise in manganese ore prices, which have put pressure on buyers to accept higher quotations.
