The domestic electrolytic manganese market is weak and rising steadily
According to the understanding of Hainan West Asia Group, the domestic electrolytic manganese market is operating in a weak state today, with steady growth. It is difficult to significantly increase the bidding price of steel products. Recently, the electrolytic manganese market has experienced sluggish transactions, and some manufacturers in some areas lowered their quotations. Although the quotations of most factories are still firm, it also reflects the difficulty of transaction. , still does not rule out a price cut this week. Under the current general environment, the negative impact brought by the Fed’s interest rate hike expectations and the slow recovery of consumption has made it difficult to significantly boost the export market, and there is still room for domestic electrolytic manganese prices to fall. Hainan West Asia Group will continue to follow up the market trend, and interested friends are welcome to contact us.