Chinese manganese alloy and ore market report Jun 2011
2011-07-12 16:22:25 【Print】
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Chinese manganese alloys market keeps generally increasing this month with prices hiking gradually. The spot material supply becomes tight increasingly due to the power rationing in southern China . Since the profit margin has increased, producers are active to operate and the output of manganese alloys has gone up this month, however, the operation rate remains at a low level . Chinese imported manganese ore market keeps stable and the transaction becomes active at the beginning of this month but the price has not improved basically . 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.