India: Silico manganese prices mostly stable, buyers cautious

Domestic medium-carbon silico manganese (Mn 53%, Si 20%, C max 0.5%) prices remained largely stable with a slight rise of INR 200/t ($33/t) w-o-w to INR 94,700/t ($1,015/t) ex-works Durgapur on 16 Apr'26. Prices remained stable as buyers continued need-based procurement, adopting a cautious wait-and-watch approach. Offers were in the range of INR 94,000-95,500/t ($1,008-1,023/t), Transactions for 210 t were concluded at INR 94,500/t ($1,013/t).