GLOBAL MANGANESE SNAPSHOT: Ore prices soar after miners hike offers

June 05, 2021 / www.metalbulletin.com / Article Link

Key data from Fastmarkets' pricing sessions in China, Europe and the United States on Friday June 4.


China 

Seaborne low- and high-grade manganese ore markets jumped as much as 12.31% after miners raised offers for July shipment amid protracted high freight rates and a strengthening South African rand.  Sentiment was boosted by news that Ningxia province, China's second largest silico-manganese production region, had issued production restriction on smelters late last week under energy control measures.  Following supply concerns and strong demand from the steel sector, spot silico-manganese prices moved upward. ...

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