India: Miners slash Mn ore offers in Jun amid subdued steel demand

Source: BigMint Jun 16, 2025 08:30

MOIL cuts Mn ore prices by 5% for grades above, below 44%. Eramet, South32 reduce offers for Jun'25 shipments.

Indian manganese ore producers reduced their June 2025 offers, aligning with MOIL's latest price cut, amid bearish global sentiment, subdued steel sector demand, and ongoing weakness in both domestic consumption and international market dynamics. MOIL, the state-run mining company, revised its manganese ore prices, effective 1 June 2025. The company