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[Ferro-Alloys.com] As Chinese main silicon manganese purchasers finally fixed August tender, it seems that manganese alloy future market become more clear despite different tendencies for bidding results.

[Ferro-Alloys.com] It is reported that Hebei Iron and Steel Group already fixed August tender on manganese alloy. Silicon manganese 6517 was lowerd to RMB6,620/mt

[Ferro-Alloys.com]It is reported that Shagang Group of China already settled August Tend on SiMn with RMB6,700/mt from RMB6,650/mt for a total of 22,000 tons.

[Ferro-Alloys.com]At present, Chinese silicon manganese market remained at slient as HBIS failed to settle August tender on manganese alloys.

[Ferro-Alloys.com]Silicon manganese 6014 in Guangxi of China remained flat. It seems that power readjustment during July and December still faied to stimulate alloy producers to resume production.

[Ferro-Alloys.com] As Chinese steelmakers began to new round of purchasing, it seems that silicon manganese 6517 in Yunnan areas failed to show change.

[Ferro-Alloys.com] It is reported that China total exported 1,048.9 tons of silicon manganese in the first six months this year, registering a sharp decline of 93.26% compared to 15,577.575 tons of the same period in prior year

[Ferro-Alloys.com]Since Yunnan province enjoy high water season power price, reducing production cost allowed operation rates for manganese alloy factories to resume about 50%.