GLOBAL MANGANESE SNAPSHOT: Higher portside manganese ore, alloys support seaborne ore market

February 08, 2020 / www.metalbulletin.com / Article Link

Key data from the pricing sessions in Europe, Asia and the United States for the week ended Friday February 7.


China

The seaborne price of low-grade manganese ore rose after buyers accepted higher offers for March-delivery cargoes.Higher alloy and portside ore prices also supported the high- and low-grade seaborne markets.Hebei Steel, China's second-largest steel mill - raised its tender price for silico-manganese for February delivery to 7,200 yuan ($1,027) per tonne, up by 600 yuan per tonne month on month.Domestic portside ore prices climbed after traders raised their offer prices. Trading activity picked...

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