MOIL revises manganese ore prices for January 2026, ferro grades up 3%

State-owned MOIL Ltd on Thursday (January 1) announced the fixation and revision of prices for various grades of manganese ore and other products for the quarter January–March 2026, with the updated rates effective from January 1, 2026, for the month of January.

According to the company, all Ferro grades of manganese ore with Manganese content of Mn-44% and above have been increased by 3% over prices prevailing since December 1, 2025. Similarly, Ferro grades with Manganese content below Mn-44% have also

been raised by 3% from the same date.

Also Read: MOIL records 17% output growth in August; sales up 25%

The prices of SMGR (Mn-30%) and Fines grades were increased by 5% on December 1, 2025. In contrast, SMGR grades with Mn-25% were decreased by 5%, while SMGR grades with Mn-20% saw a 10% reduction. Metal Mandi Fines, including UKF532, DBF575, and MSF592 grades, were increased by 10% compared to prices since December 1, 2025. Prices of all Chemical grades remained unchanged from December 1, 2025, levels.

Additionally, the basic price of EMD has been reduced by ₹5,000 per metric tonne, bringing it down from ₹1,95,000 per metric tonne to ₹1,90,000 per metric tonne for January 2026. The company stated that these revisions are in line with its business practice of fixing and revising prices and are effective from midnight of December 31, 2025/January 1, 2026.

Shares of MOIL Ltd ended at ₹368.95, up by ₹0.40, or 0.11%, on the BSE.

Also Read: MOIL posts record September output, Q2 production up 10.3%