Chinese Manganese Alloy and Ore Market Report September 2012
2012-10-15 15:57:59 【Print】
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Chinese manganese alloys market keeps moving downward this month
. Steel mills keep depressing biding prices for manganese alloys with consumption unimproved . More producers of manganese alloys shut down to avoid more losses . The spot prices have dropped to the lowest level of the past two years . Imported manganese ore market keeps stable and some traders have increased their offers for Australian and South African semi-carbonated manganese ores due to the tight supply in ports . However, the transactions keep generally slow . The international manganese alloys market remains sluggish with slow activities and weak demand . Prices are pushed up slightly by the increased operation cost.