Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday March 19.
Seaborne low- and high-grade manganese ore prices dropped after miners encountered strong resistance among buyers, who launched aggressive counter-bids. Portside low- and high-grade manganese ore markets slipped again, driven by falling silico-manganese futures prices, with many sellers accepting lower prices amid continually waning buying interest. The usual procurement patterns of smelters in Inner Mongolia were muted amid continuing production restrictions. Spot silico-manganese prices widened downward, with deals closed at a lower price after the futures price dropped. The spot ferro-manganese market similarly moved downward after major suppliers...