New Delhi: State-owned MOIL Limited said in a regulatory filing on Wednesday that it has fixed/revised prices of different grades of Manganese Ore and other products, effective from June 1. "The prices of all grades of manganese ore, including Ferro grade, SMGR (Mn-30 percent and Mn-25 percent), Fines (excluding BGF452, CHF473, and GMF569), and Chemical grades, will remain unchanged from May 1 and will continue for the month of June 2023, taking effect from midnight on May 31/June 1," the filing noted.
However, the prices of grades BGF452, CHF473, and GMF569 have been increased by 10 percent for the month of June, starting from midnight on May 31/June 1, said the filing.
Additionally, the price of Electrolytic Manganese Dioxide (EMD) will remain the same as of May 1 and will continue for the month of June 2023, taking effect from midnight on May 31/June 1. This revision in prices is in line with the company's business practice of fixing and revising prices for its products.
(PSU Watch– India's Business News centre that places the spotlight on PSUs, Bureaucracy, Defence and Public Policy is now on Google News. Click here to follow. Also, join PSU Watch Channel in your Telegram. You may also follow us on Twitter here and stay updated.)