The price of silicon manganese has decreased in India, resulting in reduced transactions and weak demand

The prices of silicon manganese in various markets in India (Raipur, Durgapur, and Vishakapatnam) have shown a downward trend, falling by 2,550 rupees/ton (31 US dollars/ton) to 73,500-73,700 rupees/ton (880-883 US dollars/ton). The weakening demand from domestic steel mills, restricted trade activities, reduced production, and reduced export inquiries have suppressed the domestic silicon manganese market.