India: Medium-carbon silico manganese prices hold steady

Medium-carbon silico manganese (Mn 53%, Si 20%, C max 0.5%) prices in India remained flat w-o-w at INR 83,900/t ($940/t). Muted demand from steelmakers, steady supply, and buyers reluctance to commit amid uncertain procurement cycles kept medium-carbon silico manganese prices unchanged. Offers were heard in the range of INR 83,500-84,000/t ($936-941/t), while a deal for 250 t was concluded at INR 84,000/t ($941/t).