INTL FERRO-ALLOYS CONF: Mn ore prices 'unlikely to stay below $4,' Fowkes says

Seaborne prices for high-grade manganese ore were unlikely to spend much time at levels below $4 per dry metric tonne unit (dmtu) based on today’s cost curve, an analyst said on Tuesday November 10.

Speaking during Fastmarkets’ International Ferro-alloys Conference, when asked about the floor price for manganese ore, Kevin Fowkes of AlloyConsult said that high stocks could continue to put pressure on prices, but not for long.

Speakers at the conference, which is taking place online, agreed that it was difficult to call a short-term...

Published

Janie Davies

November 10, 2020

18:55 GMT

London