Mn Ore Spot Market Continued to Flat in China

  • Friday, April 11, 2014
  • Source:ferro-alloys.com

  • Keywords:Mn Ore
[Fellow][Ferro-Alloys.com] As purchase price from steelmakers on manganese alloy kept falling, the consequences already beyond companies’ bottom line, pushing more factories into output contract or shutdown
 
At present, Mn46 lumps are now tumbling at RMB36.5-37.5/mtu. South African Mn38 lumps are dipping to around RMB30.5-31.5/mtu, Brazilian Mn 44-45 lumps are lowering to RMB34-34.5/mtu while RMB35-35.5/mtu for Gabonese Mn 45-46 lumps.
 
In conclusion, manganese ore spot prices continued to keep sliding in recent period，given slowing economic growing in China, it is estimated that slim demand will still trouble manganese ore market for some time.
 
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  • [Editor:Sophie]

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