03
Jul
14:16
MOIL’s quarterly manganese ore production rises
Manganese Ore India (MOIL)’s manganese ore production surged 35% on-year to 436,000 tonnes in the June quarter of the fiscal year ending 31 March 2024 (FY24), while sales grew 39% to 396,000t, Kallanish notes.
According to MOIL, production totalled 150,000t in June alone, marking it as the best-ever production of any June month since inception.
MOIL chairman and managing director Ajit Kumar Saxena praised the spirit demonstrated by the firm’s workers …
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Very good overview of the weekly steel market.
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