The supply tightness in the ferro-manganese market has persisted, with US imports of all three grades of the material falling by significant margins during the first quarter compared with the same year-ago period.
High-carbon ferro-manganese suppliers outside of Australia continued to avoid the US market in March, with imports from the country totalling 9,152 tonnes, representing 98.7% of overall imports of the material during the month.
Through the first quarter, Australian-origin high-carbon ferro-manganese shipments to the USA totalled 18,995 tonnes, comprising 81.6% of all US imports of the material as the presence of traditional supplier South Africa has become increasingly subdued.
US inflows of South African high-carbon ferro-manganese totalled 3,245 tonnes in the first quarter, down 43.8% from the same period last year.
The diminished flow of medium-carbon ferro-manganese was even more pronounced in the first quarter as imports from nearly all supply sources have been subdued.
While South Korea shipped medium-carbon...