The new prices are in effect from Thursday, January 1.
The prices of all ferro grades of manganese ore with minimum 44% and above manganese content as well as below 44% content have been increased by 3%, each, from the previous year.
The prices of SMGR (minimum 30%) and fines grades have been increased by 5%, while the rates of SMGR (minimum 25%) grades have been decreased by 5%. On the other hand, the prices of SMGR (minimum 20%) grades have been reduced by 10% from the previous year, MOIL said in a statement.
Metal Mandi Fines prices have been increased by 10% from last year as well.
The basic price of ₹1.95 lakh PMT of electrolytic manganese dioxide (EMD) has been decreased by ₹5,000 PMT to ₹1.9 lakh, MOIL added.
MOIL shares ended the previous session flat at ₹368.95 apiece. The stock has gained 9.1% in the past year.
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