December 2014

PRICING NOTICE: Metal Bulletin calendar for the holiday season at the end of 2014

Pricing dates for Metal Bulletin over the Christmas period

MILLING ABOUT: Kriek retires as ceo of UMK

Johan Kriek, ceo of United Manganese Kalahari (UMK), is retiring at the end of this year after six years in the role.

Brussels clears Anglo to share control of Samancor with BHP Billiton

The European Commission has announced its approval of Anglo American’s purchase of sufficient additional equity in South African manganese ore and manganese alloy company Samancor to secure shared control with BHP Billiton, Samancor’s current controlling shareholder.

WEEK IN BRIEF: Charles Li talks minis; Fanya rule changes; post-Qingdao court case

Metal Bulletin deputy editor Fleur Ritzema picks out some of the week's top stories and price moves in metals.

MB NON-FERROUS PRICE CHANGES

The following MB non-ferrous free market prices changed on Friday December 05:

MANGANESE ORE INDEX: Prices stable amid thin trading and supplier rollovers

Manganese ore prices held on Friday December 5 on thin trading and as large suppliers rolled their offer prices.

Ferro-manganese prices fall as suppliers fight for business

Ferro-manganese prices fell on Friday December 4 as suppliers cut offers aggressively to secure consumer demand.

COMMENT: Forget manganese ore price increases, but don't panic yet

No one expects higher prices for manganese ore in 2015, amid an oversupply of South African material and poor demand in China, exacerbated by the latter’s cash squeeze.