China's largest steel mill, Hebei Steel, has increased its monthly purchase price for silico-manganese again, following a rise in its tender price for August.
The mill has offered to buy silico-manganese at 9,200 yuan ($1,347.36) per tonne for September delivery. The price includes delivery costs and payment through an acceptance draft, according to market sources in China.The latest tender is a markedly 800-yuan higher than the mill's August purchase price of 8,400 yuan per tonne, representing...