Manganese Flake Market Report March 2015
2015-05-21 17:09:58 【Print】
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Most large domestic steel mills and stainless steel mills continued to rein back their purchasing of manganese metals in March, and overseas end users also reduced or delayed their procurement in view of the downward price trend
. Meanwhile, however, the operating rate of manganese flake plants picked up after the Spring Festival, leading to an increasing supply of the material . Consequently, Chinese manganese flake 99.7% prices maintained the downtrend throughout the month, falling to RMB11,300-11,600/t (USD1,823-1,871/t) at the end of March, RMB350/t (USD56/t) lower than they had been at the beginning of the month.