Weekly Review on Manganese Series Market-Steel mills take the lead of price trend
Hainan West Asia Import&Export Group Co. Ltd learns, the latest price of manganese product shows weakly downstream.
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（1） Manganese ore
On 29th Mar., the bidding for the shipment of manganese ore in May was closed, and it is highly possible will see the new round of external quotations fell. The industry forecast closely follows a slight decrease in the spot price level, or a significant reduction to compensate for losses in the previous two months at once. At present, the wait-and-see sentiment in the port spot market has increased. The market condition slightly chaos due to the non-uniformity of delivery costs.
（2） Siliconmanganese
Towards the end of the month, domestic steel bidding for silicon manganese has progressed slowly. In the previous two weeks, steel mills have cut 1.33% on the price, further weakening the market. Recently, the cost of raw materials such as coke and ore has weakened. Currently, the North is facing pressure from relatively high inventory, while the South is facing pressure from high cost and low competitiveness. However, changes in the supply side are still not evident.
（3） Ferromanganese
At the raw material end of ferromanganese , the prices of manganese ore and coke have been slightly lowered again recently, meanwhile cost support has weakened again except in the southern region. There is still a downside risk for high manganese.
For further information please contact Hainan West Asia Import&Export Group Co, Ltd.
- Export - Metals
- silicon manganese
- Inoculant
- Silicon Carbide
- Recarburizer
- Ferro Silicon
- Silicon Metal
- Ferro Manganese
- High Carbon Silicon
- Nodulizer
- Cored Wire
- Silicon briquette
- Silicon powder /Micro Silicon-Powder
- Silicon slag/Low carbon silicon
- Ferro chrome
- Calcium Silicon
- Electrolytic Manganese Flakes
- Ferro Silicon Aluminum
- Silicon aluminum barium calcium
- Silicon calcium manganese
- Silicon barium calcium
