Manganese ore prices stabilized in China for the first time in several weeks after reclaiming some losses a week ago.
Ore prices stable in China after brief rebound Chinese silico-manganese prices rise on higher offers Indian silico-manganese prices stabilize after weeks of decline European alloy prices steady Ferro-manganese prices drop in US, while silico-manganese edges up Manganese ore prices were largely stable on Friday June 1, a week after the low-grade market started showing signs of recovery from a multi-week slide.Metal Bulletin's price index for 37% manganese ore, cif Tianjin, China ticked up 1 cent to $6.10 per dry metric tonne unit (dmtu).Metal Bulletin's price index for 37% manganese ore, fob Port Elizabeth, South Africa dipped 1 cent to $5.44 per dmtu.Metal Bulletin's price index for 44% manganese ore, cif Tianjin, China slipped 2 cents to $6.50 per dmtu.Most market participants said they expect prices to resume their decline in the coming weeks, particularly amid June's rainy season, when steel mills reduce manganese alloy purchasing, dampening smelters' demand for...