Chinese manganese alloy and ore market report Nov 2011

Chinese manganese alloys market continues moving downward greatly this month. Spot prices have fallen into the lowest level while procurement prices keep declining as well as the consumption of steel mills.Asian Metal Copyright Some traders have to sell the materials at lower prices in order to withdraw money.Asian Metal Copyright The operation cost is high for smelters and they have no profit to gain, so the operation rate keeps decreasing with many smelters having shut down or reduced output.Asian Metal Copyright The international manganese alloys market keeps weak and the demand remains sluggish.Asian Metal Copyright Imported manganese ore market remains sluggish with light demand and poor transactions.Asian Metal Copyright Imported manganese ore market remains sluggish with light demand and poor transactions.Asian Metal Copyright The price keeps generally stable as it has been lower than foreign offers.Asian Metal Copyright The operation cost is high for smelters and they have no profit to gain, so the operation rate keeps decreasing with many smelters having shut down or reduced output.Asian Metal Copyright Some traders have to sell the materials at lower prices in order to withdraw money.Asian Metal Copyright The international manganese alloys market keeps weak and the demand remains sluggish.Asian Metal Copyright The international manganese alloys market keeps weak and the demand remains sluggish.Asian Metal Copyright The operation cost is high for smelters and they have no profit to gain, so the operation rate keeps decreasing with many smelters having shut down or reduced output.Asian Metal Copyright But prices mainly keep stable and it is hard for the market to rebound.
.Asian Metal Copyright The international manganese alloys market keeps weak and the demand remains sluggishAsian Metal Copyright