India: Silico manganese prices fall to 1-month low as domestic inquiries weaken

Source: BigMint Nov 28, 2025 08:30

Fragile steel demand weighs on market, prices under pressure. Export prices dip as global buyers stay on the sidelines

Indian silico manganese prices declined w-o-w as buying activity from steel mills slowed down. The instability in finished steel prices has led to cautious procurement, with many buyers resisting higher offer prices from producers. This hesitation has reduced trade volumes in key regions. On the export side, sentiment remained weak.

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