Hebei Iron and Steel Group (HBIS), China's second-largest steelmaker, has increased its purchase price for December-delivery silico-manganese to 6,350 yuan ($971) per tonne, market participants told Fastmarkets on Thursday December 10.
The latest price is 270 yuan per tonne higher than the mill's purchase price of 6,080 yuan per tonne for November-delivery cargoes.On December...