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    Home»PSU Insights»MOIL Announces 4% Price Cut for Manganese Ore
    PSU Insights

    MOIL Announces 4% Price Cut for Manganese Ore

    Rishabh SharmaBy Rishabh SharmaMay 3, 2026No Comments1 Min Read
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    NAGPUR — MOIL Limited has implemented a 4% price reduction across several grades of manganese ore, effective May 1, 2026. This adjustment is part of the company’s routine quarterly and monthly pricing review for the April–June 2026 period.

    Key Pricing Adjustments

    The price reduction applies to the following categories:

    • Ferro Grades: Prices are down by 4% for both high-grade ore ($Mn \ge 44\%$) and grades below 44%.

    • SMGR Grades: Manganese ore with 30% and 25% content ($Mn-30\%$ and $Mn-25\%$) saw a 4% cut.

    • Fines & Chemical Grades: Both categories have been reduced by 4% for May 2026.

    Unchanged Rates

    • Electrolytic Manganese Dioxide (EMD): The basic price remains steady at ₹1,80,000 per metric tonne, maintaining the rate set on April 1, 2026.

    The new pricing structure took effect at midnight on April 30, 2026, and has been officially disclosed in compliance with SEBI listing regulations.

    MOIL
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    Rishabh Sharma

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