Low-grade manganese ore prices rise in China amid a lack of offers
High-grade manganese ore index slides
Chinese manganese alloy prices largely steady
Silico-manganese quotation drops in Europe
US alloy price holds in quiet market
Low-grade manganese ore prices ticked up modestly on Friday after a number of suppliers sold out of November allocations.
Fastmarkets' 37% manganese ore index, cif China, gained 5 cents to $6.81 per dry metric tonne (dmtu).
Fastmarkets' 37% manganese ore index, fob Port Elizabeth, moved up 5 cents to $6.05 per dmtu.
Conversely, Fastmarkets’ 44% manganese ore index, cif Tianjin, edged down 2 cents week on week to $7.18 per dmtu on Friday.
Seaborne trading was thin due to producers having finished November sales and it being too early to start offering...