[Ferro-Alloys.com] It is said that the biggest silicon manganese purchaser in China, HBIS plans to purchase 24,720 tons silicon manganese from 27,000 tons in Febuary
[Ferro-Alloys.com]It seems that Chinese manganese alloy market kept calm in the wake of traditional week-long holiday with few transactions can be done in spot market.
[Ferro-Alloys.com]As Spring Festival is around the corner, it seems that few transactions can be made on manganese alloys spot market. The quotation was basically in line with last week.
[Ferro-Alloys.com]It is reported that RMB6,000/mt for HBIS and RMB6,040/mt for Shasteel Group further pushed down new round purchase on silicon manganese in Feb.
[Ferro-Alloys.com] Faint demand resulted in further tumbling on silicon manganese in China recently. It is said that 6014 in Guanyang of Guangxi was quoted
[Ferro-Alloys.com]In recent period, further turbulance for silicon manganese 6014 aggravated shutdown phenomenon in China, especially for those suppliers who still have mass stocks in the hands
In early 2015, Mn ore FOB price for February dropped by nearly USD 0.3 /DMTU. HBIS set SiMn purchase price for February at RMB 6000/mt (USD968/mt), down RMB100/mt month-on-month.