Chinese Manganese Alloy and Ore Market Report August 2012
2012-09-10 10:17:54 【Print】
The following is a brief synopsis of the report. Your access is restricted as it is a subscription based service.
Please contact us for a subscription.
Please contact us for a subscription.
Chinese manganese alloys market keeps moving downward this month
. Steel mills keep depressing biding prices for manganese alloys with a further decline in procurement volumes . Producers of manganese alloys have to bear more pressure from high operation cost, low sale prices and weak demand, and many of them are in losses . The operation rate is decreasing and spot prices have dropped to the lowest level of the past two years . Imported manganese ore market keeps consolidating weakly in spot market due to the decline of demand from downstream buyers . Transactions move slowly but spot prices keep generally stable . The international manganese alloys market remains sluggish with slow activities and weak demand . Prices keep hovering at a low level.