July 2020

Narrow smelter margins, cautious buying put further pressure on manganese ore prices

Seaborne manganese ore prices continued to face pressure last week against a backdrop of falling portside ore prices, weak alloy futures contracts, and lower-than-expected tender price for July-delivery silico-manganese from Hebei Steel, China’s second largest steel mill.

WEBINAR: Infrastructural steel, ferro-alloys have ‘great prospects’ in H2

China’s infrastructure spending has aided the steel market’s recovery from the effects of Covid-19 shutdowns and is very likely to facilitate “a great prospective” for the consumption of steel and ferro-alloys used in infrastructure, delegates heard at Fastmarkets’ “Covid-19 and Asian ferro-alloys market” webinar on Tuesday June 30.

WEBINAR: Chrome ore most vulnerable to supply disruption during 2020-2021 – poll

Chrome ore is the raw material in ferro-alloy production that is most likely to be subject to supply disruptions during 2020-2021, according to a poll conducted during Fastmarkets’ webinar on Covid-19 and Asian ferro-alloy markets on Tuesday June 30.

BATTERY RAW MATERIALS MARKET REPORT 03/07: Lithium, graphite and cobalt metal prices all under pressure from thin demand

An overview of the battery raw materials markets and their latest price moves.

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.

IN CASE YOU MISSED IT: 5 key stories from July 2

Here are five Fastmarkets stories you might have missed on Thursday July 2 that are worth another look.

Hebei Steel slashes July silico-manganese tender price by $127/t

Hebei Steel, China’s second-largest steel mill, has finalized its purchase price for July-delivery silico-manganese at 6,500 yuan ($920) per tonne, market participants told Fastmarkets on Thursday July 2.

PEOPLE MOVES: Tracey Booth replaces Johan Kriek in Jupiter manganese ore sales role [UPDATED]

Johan Kriek has stepped down from his role as marketing executive at Jupiter Mines - operator of the Tshipi Borwa manganese ore mine in South Africa - with 'immediate effect,' Priyank Thapliyal, chief executive officer of Jupiter, said on July 1.