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India: MMTC Global Tender for Export of 30,000 MT Manganese Ore Fines

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Manganese Ore
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16 Apr 2018, 16:03 IST
India: MMTC Global Tender for Export of 30,000 MT Manganese Ore Fines

MMTC has issued an export tender for 30,000 MT Manganese Ore fines with scheduled technical bids to open on 24 Apr'18. The material is of S.K. Sarawagi & Co., Indian Origin.

Load Port: VIZAG PORT, India.

SHIPMENT PERIOD: Before 31 May'18

VALIDITY: The bidders shall keep their bids valid for a period of 10 (ten) calendar days from the date of closing of tender excluding the date of closing. In case the 10th day falls on a Saturday/Sunday/Holiday or remains closed for the seller, such bids will be deemed to be automatically extended to be valid up to the next working day of seller.

Specifications:

Parameters Mn Ore Fines
Mn 16-18%
Fe 12-16%
SiO2 22-25%
Al2O3 6% max
P 0.50% max
Moisture 12% max

Tender schedule (IST):
Bid submission due and tender opening are on the same day i.e.24 Apr'18 at 10:00 Hrs.

For contact details and other information view TENDER SECTION

Global Manganese Ore Market Overview:

A lackluster manganese alloy market in China has weakened the Manganese ore prices globally.

Prices of imported Manganese Ore are under pressure and buyers are cautious as they sense significant price risk as they predict fall in manganese ore prices in near future.

Moreover, the Chinese buyers are preferring to procure ores from their ports over importing.

Current offers for South African 37% carbonate ore are at USD 8.35/dmtu. Similarly, Australian 46% manganese ore offer is stable at USD 9.1/dmtu CIF India, while offers for Gabon 44% ore is at USD 8.7/dmtu CIF India

16 Apr 2018, 16:03 IST

 

 

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