GLOBAL MANGANESE SNAPSHOT: High-grade ore price bounces on large sales; alloy prices fall across the board on aggressive offers, weak demand

November 09, 2019 / www.metalbulletin.com / Article Link

Key data from the pricing sessions in Europe, Asia and the United States for the week ending Friday November 8.



China 

The high-grade manganese ore index recovered some of the recent losses after a number of large sales were made above the previous week's index.  Seaborne low-grade manganese ore prices slid amid persistently weak market sentiment and lower producer offers.  An increasing number of Chinese buyers showed renewed interest in seaborne cargoes because they expect further price falls to be limited.  Portside manganese ore prices...

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