MANGANESE SNAPSHOT: EU steel mills switch to ferro-manganese after surge in flake prices

Key data from Fastmarkets’ pricing sessions in India, Europe, China and the United States on Friday September 24.



Europe

High- and medium-carbon ferro-manganese prices rose in Europe in the week to Friday September 24 on increased offer prices after manganese flake prices soared to record highs. European integrated steel mills are likely to try to buy more medium-carbon ferro-manganese as a substitute for manganese flake in the near term. Additionally, production cuts in ferro-manganese among European producers since last year have limited domestic availability and there are difficulties in importing replacement material. An acute...

Published

Chris Kavanagh

Declan Conway

William Clarke

Siyi Liu

September 24, 2021

17:25 GMT

Shanghai, London, New York, Galway