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What is Manganese Ore Price Trends in India about?

Imported manganese ore prices in India remained stable week-on-week, with variations across different grades, while manganese alloy prices declined due to weak demand from steel mills. An auction by Sandur Manganese and Iron Ore saw only 33% of the offered quantity sold, reflecting cautious buyer sentiment. Gabon plans to halt manganese ore exports by 2029 to bolster its domestic industry, which could impact global supply dynamics, particularly for Indian imports where Gabon was the second-largest supplier.

Author

radevmj

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EN