Others

Updates

| Updated on: Nov 01, 2016

Maithan Alloys Ltd has informed BSE that due to adverse market conditions, the production at the Kalyaneshwari Plant has been cut by 15% with effect from October 31, 2016. Between July and October 2016, the cost of Imported Manganese Ore, which accounts for the major cost of production has increased by 200%, Imported Coke by 80%, whereas the sales price of Silico Manganese, the finished product, has increased only by 30%. The production at the plant is likely to be cut further in the near future.

Pdf Link: >Updates

Source : BSE - >www.bseindia.com

Published on November 01, 2016

Follow us on Telegram, Facebook, Twitter, Instagram, YouTube and Linkedin. You can also download our Android App or IOS App.

COMMENTS
This article is closed for comments.
Please Email the Editor

You May Also Like

Recommended for you