GLOBAL MANGANESE SNAPSHOT: Ore prices take another hit; alloy margins still squeezed

Key data from the pricing sessions in Asia, Europe and the United States for the week ending Friday July 3.




China 

Seaborne manganese ore indices tumbled further amid lower offers in response to falling portside ore prices and alloy futures, as well as lower-than-expected tender results for July-delivery silico-manganese from Hebei Steel. Buyers hold out from restocking amid expectations the ore market will be weaker by the time material arrives in China; sellers cut target prices.  Portside...

Published

Charlotte Radford

Declan Conway

Amy Lv

July 03, 2020

17:22 GMT

Shanghai, London, Galway