[Ferro-Alloys.com] As new round purchasing from steelmakers approaching, most participants of manganese alloys hold wait and see attitudes. Silicon manganese 6517 is currently pricing at RMB6,000-6,200/mt and RMB5,300-5,400/mt for 6014. High carbon ferromanganese 65 is now concentrating on 5,300-5,500/mt. Medium carbon ferromanganese 75C2.0 with low p containing is focusing on RMB8,100-8,200/mt while RMB8,400-8,500/mt for 78C2.0 as well as RMB8,800-9,000/mt for 78C1.5. Low carbon ferromanganese 80C0.7 is traded at RMB9,500-9,600/mt.

In terms of manganese alloy companiese operation situation, shrinking operation rates in southern areas of China seems to become worse due to rising production cost of power. In northern area, subsidy policy to company is different which brings about material cost variance. In fact, most of large scale manganese alloy factories still kept normal running with full orders for good reputation and high quality. Dispite ongoing sliding sale, it is commonly believed among producers that RMB50-100/mt fluctuation also belong to norm performance since sale already touched the low level for long time.  

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• [Editor:Sophie]