MOIL revises manganese ore prices across grades, EMO rate unchanged
Published on 01/08/2025 02:56 PM
MOIL revises manganese ore prices across grades, EMO rate unchangedThe price revision applies from midnight of July 31, 2025. The adjustments are part of MOIL’s routine quarterly and monthly price-setting exercise.By Asmita Pant August 1, 2025, 2:56:27 PM IST (Published)1 Min ReadState-owned manganese ore producer, MOIL Limited, has revised the prices of its various ore grades effective August 1. In a stock exchange filing, MOIL announced a 3% hike in prices for all Ferro grades of manganese ore with a manganese content of 44% and above, as well as those below 44%.
The price revision applies from midnight of July 31, 2025. The adjustments are part of MOIL’s routine quarterly and monthly price-setting exercise.
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Conversely, the company has cut prices by 3% for select grades. These include SMGR (Mn-30% and Mn-25%) and Fines, as well as SMGR (Mn-20%) and Metal Mandi Fines (UKF532, DBF575, and MSF592).
Prices for all chemical-grade ores have also been increased by 3% from their July levels. Meanwhile, the base price for Electrolytic Manganese Ore (EMO) remains unchanged at ₹2,05,000 per metric tonne.
In April, the Miniratna public sector undertaking posted a 27% year-on-year rise in consolidated net profit to ₹115.7 crore for the quarter ended March, compared to ₹91.1 crore in the corresponding quarter last year.
The shares of the company are trading at ₹335.8, 2% on the BSE. The stock has fallen over 3% in the year so far.
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