Hebei Steel leaves monthly silico-manganese price unchanged

China’s largest steel mill Hebei Steel is willing to buy silico-manganese for May delivery at the same price as it did this month, ending months of cuts that had dented the alloys and ore market.

The mill has offered to buy silico-manganese at 6,600 yuan ($1,071) per tonne for May delivery, unchanged from its April price. Ferro-manganese price for next month is at 5,600 yuan per tonne, down 100 yuan from April level. Both prices include delivery and all payment through an acceptance draft. “The rollover...

Published

Rena Gu

April 30, 2014

09:16 GMT

Shanghai