Driven by tight supply and restocking of the inventories, international prices of manganese ore has rebounded to multi-year high of over $7.5/dmtu (CNF India is at $8.5/dmtu). Backed by the firm international price, MOIL has further increased manganese ore price in April 2018 by 5-12% across all the grades, in addition to the 5-10% hike taken in the month of March 2018. Besides, firm international prices, lower supply from the domestic miners also supported the recent increase in the domestic manganese ore prices. The company reported highest ever turnover of Rs13 bn (provisional...