{"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":{"footnotes":""},"categories":[313],"tags":[],"class_list":["post-53029","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-iron-steel"],"featured_image_urls":{"full":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916.jpg?v=1767681012",1280,720,false],"thumbnail":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916-150x150.jpg?v=1767681012",150,150,true],"medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916-300x169.jpg?v=1767681012",300,169,true],"medium_large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916-768x432.jpg?v=1767681012",640,360,true],"large":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916-1024x576.jpg?v=1767681012",640,360,true],"1536x1536":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916.jpg?v=1767681012",1280,720,false],"2048x2048":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916.jpg?v=1767681012",1280,720,false],"covernews-slider-full":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916-1115x715.jpg?v=1767681012",1115,715,true],"covernews-slider-center":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916-800x500.jpg?v=1767681012",800,500,true],"covernews-featured":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916-1024x576.jpg?v=1767681012",1024,576,true],"covernews-medium":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916-540x340.jpg?v=1767681012",540,340,true],"covernews-medium-square":["https:\/\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916-400x250.jpg?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:\/\/biztrend24.com\/wp-content\/uploads\/2026\/01\/Untitled-design-2026-01-06T122949.916.jpg?v=1767681012","_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}]}}