HBIS raises purchase price for August-delivery silico-manganese by $69/t

  • Friday, August 20, 2021
  • Source:ferro-alloys.com

  • Keywords:HBIS, purchase price, silico-manganese
[Fellow]The latest price is 450 yuan higher than the mill’s previous purchase price of 7,500 yuan per tonne for July-delivery cargoes.

[Ferro-Alloys.com]

Hebei Iron & Steel Group (HBIS), China’s second-largest steelmaker, increased its purchase price for August-delivery silico-manganese to 7,950 yuan ($1,226) per tonne, the company said on Tuesday August 10.
 
The latest price is 450 yuan higher than the mill’s previous purchase price of 7,500 yuan per tonne for July-delivery cargoes.
 
HBIS’ price, which applies to cargoes delivered to warehouses, includes value-added tax and should be paid on acceptance.
 
Source: Fastmarket
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