India: NMDC books over 1,600 t of ferro manganese at reverse auction
National Mineral Development Corporation (NMDC) concluded a reverse auction for 1,641 t of medium-carbon (MC) ferro manganese (Mn: 70% min, C: 3.0% max, 20-50 mm) on 8 Jun'24. The entire material was booked at around INR 95,600/t FOR, inclusive of taxes.