India: RINL books 13,200 t of ferro manganese at reverse auction
RINL conducted a reverse auction for 13,200 t of ferro manganese (HC 70%, size: 25-50 mm) on 10 Oct'24. The L1 price was closed at around INR 102,000/t on an LCNC basis, sources informed. Notably, BigMint's assessment of ferro manganese (HC 70%, size: 25-150 mm) prices stood at INR 71,500/t exw-Raipur on 14 Oct.