GLOBAL MANGANESE SNAPSHOT: Ore prices still under pressure from high supply; slow recovery hits alloys

July 11, 2020 / www.metalbulletin.com / Article Link

Key data from the pricing sessions in Asia, Europe and the United States for the week ended Friday July 10.

China Seaborne ore prices fell in response to lower offers for August shipments, with some market participants remaining bearish about the near-term outlook due to rising portside stocks and higher-than-expected volumes of cargoes flowing to China (particularly for 37% material). There was good buying interest at prevailing spot-market levels, considered less risky than a few weeks ago, but this was insufficient...

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