| Date: |
19-03-2011 |
| Subject: |
Indian Ferrosilicon Manganese Export Prices To Hike in April |
|
The production cost of ferrosilicon manganese in India would be increased by around USD 15 to USD 30 per tonne since April 2011 due to power rates up by several main Indian states.
For export prices, the export costs of Indian ferrosilicon manganese will boost by USD 25 to USD 45 per tonne. It is expected that the export prices to Japan has climbed to USD 1,520 to USD 1,540 per tonne CIF, up by USD 50 per tonne from last week.
Some Indian producers indicated the sea freight would also increase by USD 10 to USD 15 per tonne. They have to concern the cost issue not only on the transportation but also the power rate in India.
Source : steelguru.com
|