{"id":53029,"date":"2026-01-06T12:30:26","date_gmt":"2026-01-06T06:30:26","guid":{"rendered":"https:\/\/biztrend24.com\/?p=53029"},"modified":"2026-01-06T12:30:26","modified_gmt":"2026-01-06T06:30:26","slug":"india-bids-display-mixed-trends-at-sandurs-manganese-ore-auction","status":"publish","type":"post","link":"https:\/\/biztrend24.com\/?p=53029&lang=en","title":{"rendered":"India: Bids display mixed trends at Sandur&#8217;s manganese ore auction"},"content":{"rendered":"<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Nearly 71% of material receives bids in auction<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<ul>\n<li style=\"list-style-type: none;\">\n<ul>\n<li>Mn 30-32% ore attracts strongest buyer interest<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>On 29 December 2025, Sandur Manganese and Iron Ore (SMIORE) held an auction for 22,680 t of manganese ore, comprising both fines and lumps, with manganese grades ranging from 18% to 35% and particle sizes spanning from -10 mm to 100 mm.<\/p>\n<p>The auction saw stable participation, with approximately 16,128 t, about 71% of the total volume on offer, successfully booked, while the remaining 6,552 t went unsold.<\/p>\n<p>Key updates:<\/p>\n<p>Bid levels show divergent trends m-o-m:\u00a0Bids for manganese ore displayed mixed trends m-o-m in the auction concluded on 29 December. The weighted average bid for lumps with Mn 18-20% content settled at INR 2,725\/t ($30\/t), a 10% decline from the previous auction held on 28 November, where prices stood at INR 3,020\/t ($34\/t).<\/p>\n<p>Similarly, bids for ore with Mn 30-32% content softened by 5% m-o-m, while prices for the Mn 32-34% grade eased marginally by 2% over the same period.<\/p>\n<p>In contrast, bids for the Mn 26-28% grade strengthened, rising by 4% to close at INR 7,270\/t ($81\/t), while the Mn 28-30% grade also recorded a modest 2% m-o-m increase.<\/p>\n<p>BigMint&#8217;s assessment for silico manganese (60-14) prices in Vizag remained largely stable m-o-m in December with a slight dip of 2%, to INR 69,300\/t ($770\/t) from INR 70,900\/t ($788\/t) in January. The slight downturn can be traced to a softening market environment.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nearly 71% of material receives bids in auction Mn 30-32% ore attracts strongest buyer interest&#8230;<\/p>\n","protected":false},"author":1,"featured_media":53030,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[313],"tags":[],"class_list":["post-53029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"jetpack_publicize_connections":[],"featured_image_urls":{"full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916.jpg?fit=1280%2C720&ssl=1?v=1767681012",1280,720,false],"thumbnail":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916.jpg?resize=150%2C150&ssl=1?v=1767681012",150,150,true],"medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916.jpg?fit=300%2C169&ssl=1?v=1767681012",300,169,true],"medium_large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916.jpg?fit=640%2C360&ssl=1?v=1767681012",640,360,true],"large":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916.jpg?fit=640%2C360&ssl=1?v=1767681012",640,360,true],"1536x1536":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916.jpg?fit=1280%2C720&ssl=1?v=1767681012",1280,720,true],"2048x2048":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916.jpg?fit=1280%2C720&ssl=1?v=1767681012",1280,720,true],"covernews-slider-full":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916.jpg?resize=1115%2C715&ssl=1?v=1767681012",1115,715,true],"covernews-slider-center":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916.jpg?resize=800%2C500&ssl=1?v=1767681012",800,500,true],"covernews-featured":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916.jpg?fit=1024%2C576&ssl=1?v=1767681012",1024,576,true],"covernews-medium":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916.jpg?resize=540%2C340&ssl=1?v=1767681012",540,340,true],"covernews-medium-square":["https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916.jpg?resize=400%2C250&ssl=1?v=1767681012",400,250,true]},"author_info":{"display_name":"Biz Trend 24","author_link":"https:\/\/biztrend24.com\/author\/online24"},"category_info":"<a href=\"https:\/\/biztrend24.com\/?cat=313&#038;lang=en\" rel=\"category\">Iron &amp; Steel<\/a>","tag_info":"Iron &amp; Steel","comment_count":0,"jetpack_featured_media_url":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916.jpg?fit=1280%2C720&ssl=1?v=1767681012","jetpack-related-posts":[{"id":57416,"url":"https:\/\/biztrend24.com\/?p=57416&lang=en","url_meta":{"origin":53029,"position":0},"title":"India: Sandur to auction over 16,000 t of manganese ore","author":"Biz Trend 24","date":"February 17, 2026","format":false,"excerpt":"Sandur Manganese and Iron Ores (SMIORE) has scheduled an auction on 18 Feb'26 for 16,128 t of manganese ore (Mn: 20-35%, -10 to 100 mm) from its Bellary mines, Karnataka. In the previous auction on 12 Feb, about 6,552 t were sold of the 9,576 t offered.","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-17T151526.124.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-17T151526.124.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-17T151526.124.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-17T151526.124.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-17T151526.124.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":62793,"url":"https:\/\/biztrend24.com\/?p=62793&lang=en","url_meta":{"origin":53029,"position":1},"title":"India: Sandur to auction over 29,000 t of manganese ore","author":"Biz Trend 24","date":"April 7, 2026","format":false,"excerpt":"Sandur Manganese and Iron Ores (SMIORE) has scheduled an auction on 10 Apr'26 for 29,736 t of manganese ore (Mn: 18-35%, -10 to 100 mm) from its Bellary mines, Karnataka. In the previous auction on 24 Mar, about 10,080 t were sold of the 14,112 t offered.","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-17.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-17.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-17.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-17.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-17.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":60195,"url":"https:\/\/biztrend24.com\/?p=60195&lang=en","url_meta":{"origin":53029,"position":2},"title":"India: MOIL to auction over 5,000 t of manganese products","author":"Biz Trend 24","date":"March 10, 2026","format":false,"excerpt":"MOIL has scheduled an auction for 5,370 t of manganese products on 10 Mar'26 from its Bhandara mines and Balaghat plant. The materials to be offered are: 1,200 t of high-carbon ferro manganese (Mn: 70-72%) 2,670 t of manganese ore (various grades) 1,500 t of ferro manganese slag","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-10T121937.550.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-10T121937.550.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-10T121937.550.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-10T121937.550.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/03\/Untitled-design-2026-03-10T121937.550.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":54706,"url":"https:\/\/biztrend24.com\/?p=54706&lang=en","url_meta":{"origin":53029,"position":3},"title":"India: Bids for iron ore lumps remain firm m-o-m in OMC&#8217;s auction","author":"Biz Trend 24","date":"January 20, 2026","format":false,"excerpt":"In OMC's auction for 1.414 mnt of iron ore lumps (Fe 60-65%) on 19 Jan'26, the entire material was booked at INR 5,500-7,700\/t, with premiums of INR 100-1,950\/t. Weighted average bids remained largely stable m-o-m. Earlier, OMC had raised the base prices of lumps by INR 800\/t. A hike of\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/OMC-Lumps-19-Jan26.png?fit=709%2C567&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/OMC-Lumps-19-Jan26.png?fit=709%2C567&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/OMC-Lumps-19-Jan26.png?fit=709%2C567&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/01\/OMC-Lumps-19-Jan26.png?fit=709%2C567&ssl=1&resize=700%2C400 2x"},"classes":[]},{"id":56622,"url":"https:\/\/biztrend24.com\/?p=56622&lang=en","url_meta":{"origin":53029,"position":4},"title":"India: Around 50,000-t iron ore fetched bids at SMIORE auctions","author":"Biz Trend 24","date":"February 9, 2026","format":false,"excerpt":"Sandur Manganese and Iron Ores Limited (SMIORE) sold 46,000 t of iron ore out of 82,000 t offered from Bellary, Karnataka, on 7 Feb. 5,000 t (5-20 mm, Fe 55.6-56.8%) at INR 3,928-4,204\/t, 17,000 t of lumps (10-40 mm, Fe 55.7-56.8%) were booked at INR 3,814-4,132\/t and 24,000 t (20-40\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-09T153401.383.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-09T153401.383.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-09T153401.383.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-09T153401.383.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/02\/Untitled-design-2026-02-09T153401.383.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]},{"id":63898,"url":"https:\/\/biztrend24.com\/?p=63898&lang=en","url_meta":{"origin":53029,"position":5},"title":"India: Bids surge by INR 250\/t m-o-m in OMC&#8217;s iron ore lumps auction","author":"Biz Trend 24","date":"April 19, 2026","format":false,"excerpt":"In OMC's auction for 1.44 mnt of iron ore lumps (Fe 60-65%) on 18 Apr'26, 1.23 mnt (85%) were booked at INR 5,650-8,350\/t, with average premiums of INR 600\/t over base prices. Weighted average bids rose by INR 250\/t m-o-m. Earlier, OMC had raised base prices of lumps by INR\u2026","rel":"","context":"In &quot;Iron &amp; Steel&quot;","block_context":{"text":"Iron &amp; Steel","link":"https:\/\/biztrend24.com\/?cat=313&lang=en"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-43-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-43-1.jpg?fit=1200%2C675&ssl=1&resize=350%2C200 1x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-43-1.jpg?fit=1200%2C675&ssl=1&resize=525%2C300 1.5x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-43-1.jpg?fit=1200%2C675&ssl=1&resize=700%2C400 2x, https:\/\/i0.wp.com\/biztrend24.com\/wp-content\/uploads\/2026\/04\/Untitled-design-43-1.jpg?fit=1200%2C675&ssl=1&resize=1050%2C600 3x"},"classes":[]}],"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/53029","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=53029"}],"version-history":[{"count":1,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/53029\/revisions"}],"predecessor-version":[{"id":53031,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/posts\/53029\/revisions\/53031"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=\/wp\/v2\/media\/53030"}],"wp:attachment":[{"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=53029"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=53029"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/biztrend24.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=53029"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}