Manganese flake prices
started 2018 at $1,800-1,950 per tonne and have been moving upward for most of the year mainly due to production stoppages amid environmental inspections in China.
Production of manganese flakes is concentrated in China, with more than 95% of material produced there. There are very few direct purchases from producers and many intermediaries and traders are involved, Vigier said.
Although China accounts for more than 95% of global manganese flake production, it only accounts for 52% of global stainless steel production, according to Fastmarkets MB. As a result of this imbalance, stainless steel mills in the...