MOIL Hikes Manganese Ore Prices for January 2026, Ferro Grades Up 3%

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CNBC TV18•01-01-2026, 18:30
MOIL Hikes Manganese Ore Prices for January 2026, Ferro Grades Up 3%
- •MOIL revised manganese ore prices for the January–March 2026 quarter, effective January 1, 2026.
- •All Ferro grades of manganese ore, both Mn-44% and above, and below Mn-44%, saw a 3% increase.
- •SMGR (Mn-30%) and Fines grades rose by 5%, while Metal Mandi Fines (UKF532, DBF575, MSF592) increased by 10%.
- •SMGR grades with Mn-25% decreased by 5%, and Mn-20% grades saw a 10% reduction.
- •EMD basic price was reduced by ₹5,000 per metric tonne to ₹1,90,000; Chemical grades remained unchanged.
Why It Matters: MOIL adjusted manganese ore prices for Jan 2026, with most ferro grades seeing a 3% hike.
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