Ferro-manganese prices jump on South32, Assmang supply issues
Ferro-manganese prices shot up in Europe on Friday June 12 after two consecutive supply constraints were announced and others were rumoured.
Metal Bulletin’s ferro-manganese price
quotation rose to €750-790 per tonne, delivered Europe, from $740-750 per tonne previously.
South32 said this week it was delaying the restart of its Metalloys operation and Assmang announced it was shutting one of its four furnaces
at its Cato Ridge site.
The two producers – both in South Africa –...