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A Persistent Shortfall in Demand Would Still Weigh on Mn Alloy Supply in China( May 11th – May 15th )

  • Monday, May 18, 2015
  • Source:ferro-alloys.com

  • Keywords:SiMn FeMn Silicon Manganese Ferromanganese
[Fellow]Ferro-Alloys.com]In recent period, a persistent shortfall in demand would still weigh on manganese alloy market in China.

[Ferro-Alloys.com]In recent period, a persistent shortfall in demand would still weigh on manganese alloy market in China.

The ex-work price of silicon manganese 6517 focused on RMB5,300-5,500/mt in north and RMB5,550-5,650/mt in south. 6014 in southwest concentrated on RMB4,650-4,750/mt without tax. Meanwhile, high Si 6027 also edged down to RMB6,600-6,800/mt due to limited production for stainless steel. As for non-standard silicon manganese, silicon manganese 58 lingered about RMB4,450-4,550/mt without tax and RMB4,350-4,450/mt without tax for 55#.

Mainstream ex-work price of High carbon ferromanganese 65 quoted at RMB4,700-4,800/mt and RMB5,500-5,600/mt for 75. Medium carbon ferromanganese remained at RMB8,400-8,500/mt and RMB8,800-9,000/mt for low carbon ferromanganese 80C0.7.

On the whole, given poor enthusiasm for manganese alloy producers on resuming production, it is estimated that the further downturn for alloy would be very small amid steady manganes ore price.

 

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  • [Editor:Sophie]

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