Wednesday 14 June 2017

Maithan Alloy - Update

Hello,
         Since we last discussed on Maithan Alloy, it went down from 515 to 385 level and again went back till 460 from 385 level, CMP 405.
         Maithan Alloy sales two major products Ferro manganese and Silica Manganese, For both this, The Prices are flat from almost 3-4 months, So expecting, Q1 also to be blockbuster one.
         I have average with 50% of my initial Quantity today at 405, First Buy was at 515 , today added more 50% at 405, average right now is 478.

Thanks.

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