MOIL has announced a 4% reduction in the prices of various grades of manganese ore for May 2026. This price adjustment is applicable to all ferro grades with manganese content of Mn-44% and above, as well as those below Mn-44%. Additionally, the prices for SMGR (Mn-30%), SMGR (Mn-25%), and fines grades have been decreased by 4%. Chemical grades have also seen a 4% price reduction. These changes came into effect from midnight on 30 April 2026. The basic price of EMD remains unchanged at ₹1,80,000 per metric tonne for May 2026, continuing from the previous month’s pricing. This decision aligns with MOIL‘s business practice of periodically revising prices to reflect market conditions.
Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).