INTL FERRO-ALLOYS CONF: Manganese ore price fall more likely than silico-manganese rally

Manganese ore prices are overheated compared with production costs and manganese alloy prices, making them prone to a decline next year, panelists said at Fastmarkets’ 34th International Ferro-alloys conference in Lisbon this week.

Manganese ore prices have trended higher since May this year. Fastmarkets MB’s 44% manganese ore index was last calculated at $7.13 per dry metric tonne unit dmtu, cif Tianjin on Friday November 9, up from $6.55 per dmtu on May 18.

The 37% index, cif Tianjin, settled at $6.82 per dmtu on November 9, compared with...


Charlotte Radford

November 14, 2018

17:14 GMT