GLOBAL MANGANESE SNAPSHOT: Alloy gains in US, Europe on strong demand [CORRECTED]

January 26, 2021 / www.metalbulletin.com / Article Link

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday January 22.


United States
The US manganese alloys markets continued their uptrend this week while thin available inventory and renewed demand strength continue to drive price strength. Lagging US imports and global production cutbacks have been credited with creating the present shortage of material on the ground. Demand continues to surge in January, with several mills re-entering the market for material in excess of their contracted volumes. Prices continue to rise precipitously in response. Europe

The silico-manganese and high-carbon ferro-manganese markets increased by over...

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