MOIL cuts manganese ore prices by 5% effective Jul 1

1 min read Updated on 02 Jul 2026, 06:13 AM

Reviewed by

Shriram SScanX News Team

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MOIL Limited revised manganese ore prices effective July 1, 2026, cutting all ferro grades by 5% and specific grade BG4584 by 10%. Prices for EMD and EMD flakes were held steady at ₹1,80,000 and ₹1,71,000 per PMT respectively.

*this image is generated using AI for illustrative purposes only.

MOIL Limited has revised the prices of its manganese ore grades, effective from July 1, 2026. The state-owned company reduced prices across all ferro grades by 5% compared to the rates prevailing since June 1, 2026. This adjustment impacts both high-grade ore with manganese content of 44% and above, as well as other ferro grades, chemical grades, SMGR grades, and fines.

Price Revision Details

The price revision includes a specific reduction for certain ore codes. While most categories saw a uniform decrease, one ferro grade experienced a deeper cut. The basic prices for Electrolytic Manganese Dioxide (EMD) and EMD flakes were maintained at previous levels.

Category	Price Change	Effective Date
All Ferro Grades (Mn 44% and above)	Reduced by 5%	01 Jul 2026
Other Ferro Grades, Chemical, SMGR, Fines	Reduced by 5%	01 Jul 2026
Ferro Grade BG4584	Reduced by 10%	01 Jul 2026
EMD & EMD Flakes	No Change	01 Jul 2026

Specific Ore Code Adjustments

The company continued the prices for specific ore codes of fines, namely BGF534, KDF393, and UKF532. However, the ferro grade identified as BG4584 was marked down by 10%. The basic price of EMD stands at ₹1,80,000 per PMT, while EMD flakes are priced at ₹1,71,000, remaining unchanged for the month of July 2026.

Historical Stock Returns for MOIL

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-0.46%	+1.43%	-7.74%	-20.86%	-27.15%	+44.98%

What factors might drive MOIL to consider further price adjustments in the coming months?

How will this price reduction impact MOIL's profit margins for the fiscal year?

What effect could this price cut have on domestic and international demand for manganese ore?

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MOIL Director Usha Singh retires; CMD holds additional HR charge

1 min read Updated on 02 Jul 2026, 06:03 AM

Reviewed by

Anirudha BScanX News Team

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MOIL Limited announced the cessation of Smt. Usha Singh as Director (Human Resource) due to superannuation on June 30, 2026. Shri Vishwanath Suresh, CMD, has been assigned the additional charge of the post by the Ministry of Steel for three months starting July 1, 2026.

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MOIL Limited announced the cessation of Smt. Usha Singh as Director (Human Resource) following her superannuation on June 30, 2026. Consequently, she ceased to be a director of the company effective July 1, 2026. The transition was disclosed to the exchanges in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Following the vacancy, the Ministry of Steel, Government of India, assigned the additional charge of the post of Director (Human Resource) to Shri Vishwanath Suresh, CMD, MOIL Limited . The appointment is for an initial period of three months, effective from July 1, 2026, to September 30, 2026, or until further orders, whichever is earlier.

The intimation was signed by Neeraj Dutt Pandey, Company Secretary & Compliance Officer, on behalf of MOIL Limited. The company confirmed that the change in leadership is a direct result of the retirement and subsequent administrative allocation by the government.