Hebei Steel, China's second largest steel mill, released its purchase price for silico-manganese at 6,600 yuan ($944) per tonne for January delivery, up by 650 yuan per tonne from its December tender price, market participants told Fastmarkets.
The price from Hebei Steel, which is for cargoes delivered to warehouse in mills, includes the value-added tax and is paid on acceptance, according to market sources."I am afraid it's hard to finalize the [silico-manganese tender] price soon this time because alloy plants are not willing to provide cargoes at...