Sales volumes zoomed by 154% YoY and 12% QoQ to 348,000 tonne. The global manganese ore prices remained under pressure in CY15 and 1HCY16 due to oversupply, but measures i.e. downsizing production and planned shut-down of high-cost mines aided the prices to stabilize. Further, increased demand in China and improved sentiment also helped manganese ore prices, which started recovering significantly. Global manganese ore prices have almost trebled since Aug'16. Due to strong demand in China, overseas offers for India fell sharply which helped the domestic prices benefiting MOIL, being the supplier of...