Manganese Alloys and Ore Market Report June 2015

The steel market kept dull in June and demand from end users became weaker, so they tried their best to decrease the manganese alloy prices.Asian Metal CopyrightThe steel market kept dull in June and demand from end users became weaker, so they tried their best to decrease the manganese alloy prices.Asian Metal Copyright Meanwhile, most silicomanganese producers dared not to hold any stocks for sale considering the previous price downtrend, so the prices only dropped slightly in June, while ferromanganese market supply was adequate and the prices were on the decline sharply in the month.

Manganese alloy market still had no sign of rebounding, and the market prices showed the downtrend, so downstream users spared no effort to lower the price on cost, making manganese ore traders out of the market due to the loss. Therefore, the supply on manganese ore was relatively tight in the spot market and manganese ore prices moved up a little in June.
.Asian Metal Copyright Meanwhile, most silicomanganese producers dared not to hold any stocks for sale considering the previous price downtrend, so the prices only dropped slightly in June, while ferromanganese market supply was adequate and the prices were on the decline sharply in the monthAsian Metal Copyright