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India: Silico manganese prices inch up w-o-w despite subdued demand

Source: BigMint May 16, 2025 08:30
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SiMn Global Price
Smelters refrain from price cuts after suffering losses. Limited export demand might further pressure tags.
Domestic silico manganese prices registered a slight uptick w-o-w despite subdued demand from steel mills. Some smelters ceased offering discounts, which helped support prices. While raw material prices declined, they did not have any impact on production costs.   According to BigMints latest assessment, prices of the 60-14 grade increased marginally

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