Chinese Manganese Alloy and Ore Market Report March 2012
2012-04-09 17:48:04 【Print】
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Chinese manganese alloys market keeps weakening this month with light demand and rare transactions. The operation rate has not improved yet and the operation cost keeps high, so producers are hesitating to resume operation . Steel mills press down the procurement prices further and the spot prices have dipped further slightly . Imported manganese ore market moves downwards this month with stagnant demand and few transactions . The foreign offers have been increased slightly at the end of this month, but traders in ports are cautious to the future market . The international manganese alloys market becomes to turn warmer and there is an increase both on demand and prices . It is expected that the market is likely to warm up in the coming weeks.