Indian silico manganese prices continue to rise owing to supply tightness.

Indian ferro silicon (FeSi:70%) prices remained largely stable, with a minor drop by INR 50/t ($1/t) ex-Guwahati and Bhutan.

On 16 February, Indian ferro chrome (HC 60%, Si:4%) prices stayed stable showing a slight decrease.

Indian ferro manganese (HC70%) prices rose as export inquiries continue to move on an upward direction w-o-w.

Prices of Indian imported manganese ore Mn: 37-46% remained consistent.

Spot electricity prices in the day-ahead market at the Indian Energy Exchange (IEX) fell by 8%.

Indian ferro molybdenum prices rose this week.

AISI: US Steel Shipments Unchanged In 2023.