India: Imported Mn ore prices dip w-o-w as global miners adjust offers

Source: BigMint Apr 15, 2025 08:30

South32 and UMK trim manganese ore offers for May'25. Manganese ore cargo arrivals in India fall by 50% w-o-w.

Imported manganese ore prices have witnessed a decline this week, reaching a two-month low as a result of falling export inquiries and a sluggish domestic downstream alloys market, which has put downward pressure on ore prices. Australian high-grade ore: Australian high-grade (Mn 46% Mn) ore prices decreased by $0.25/dry metric tonne