Chinese manganese alloy and ore market report Apr 2011
2011-05-10 10:17:24 【Print】
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Chinese manganese alloys market keeps decreasing this month with few deals concluded and demand remained slow. The steel mills continue pressing the procurement prices, resulting in a low profit or even a loss for producing the materials . Producers who have been in shutdown condition before mainly have no plan to restart and the capacity utilization rates keep decreasing slightly . Chinese imported manganese ore market keeps sluggish and the price decreases largely after the foreign suppliers reduced their offers for the materials . The surplus stock remains a great pressure for the market to be stable . The international manganese alloys market keeps generally stable but the demand stays at a low level and it is hard for the market to rebound.