Low-grade manganese ore prices reversed some recent losses over the past week on steady demand.
Low-grade manganese ore prices stage modest rebound High-grade manganese ore prices weaken slightly Chinese silico-manganese prices strengthenIndian, European alloy prices flatline SiMn prices edge lower in the United StatesLow-grade manganese ore prices clawed back some of the previous week's losses on Friday October 19, amid steady demand in China. Fastmarkets' 37% manganese ore index, cif China rose 7 cents week on week to $6.71 per dry metric tonne unit (dmtu). Fastmarkets' 37% manganese ore index, fob Port Elizabeth edged up 3 cents to $5.98 per dmtu from $5.95 per dmtu the previous week. Fastmarkets' 44% manganese ore index, cif Tianjin inched down 2 cents to $7.16 per dry metric tonne (dmtu) from a week earlier.Most market sources described the market as relatively balanced, with little likelihood of significant strengthening or weakening of prices in the short term.End-user demand was stable due to new silico-manganese smelters, coming into...