Portside manganese ore prices in China continued to slide in the week to Friday June 5 in response to some traders lowering their offer prices amid cautious buying from domestic alloy smelters and weak market sentiment.
Fastmarkets' manganese ore port index, base 37% Mn, range 35-39%, fot Tianjin, China was 44.90 yuan ($6.34) per dry metric tonne unit (dmtu) on June 5, equivalent to $5.47 per dmtu excluding value-added tax and port handling fees, down by 2.10 yuan per dmtu from 47 yuan per dmtu the previous week.Chinese alloy smelters showed some...