GLOBAL MANGANESE SNAPSHOT: China alloy market strength feeds into ore prices

December 12, 2020 / www.metalbulletin.com / Article Link

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday December 11.


China

The seaborne price of low-grade manganese ore rose after miners successfully raised offer prices on support from higher portside prices and strong buying appetite from the alloy sector. The seaborne price of high-grade manganese ore inched upward amid positive market sentiment and after big increases in the previous assessment week. Portside prices of both grades of manganese ore moved up after the rising alloy market allowed higher transaction prices. The strength in the futures market...

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