India: RINL books 450 t of LC ferro manganese at reverse auction
State-run Rashtriya Ispat Nigam Ltd (RINL) has concluded a reverse auction for 450 t of low-carbon (LC) ferro manganese (Mn: 92% min, C: 0.15% max, size: 10-60 mm) on 27 Jan'25. The L1 price was at around INR 206,400/t on an LCNC basis, sources informed.