December 2012

FORECAST: Manganese ore prices will rise in Q1 2013 on tighter supply

Manganese ore prices will continue to rise in the first quarter of 2013 on strong Chinese demand, tighter supply and low inventories, market participants predict.

MB NON-FERROUS PRICE CHANGES

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

MANGANESE ORE INDEX: Prices for 38% keep rising on strong demand, low stocks

Prices for 38% manganese ore rose sharply on Friday December 21, on continued strong demand and tight availability.

REVIEW: Steel’s poor show let down Chinese alloys market this year

“It’s been a hard year for us” – that’s how most bulk alloys traders and producers in China sum up the past twelve months.

BRAZILIAN NON-FERROUS EXPORTS: NOVEMBER 2012

The Brazilian trade ministry has released figures on the country´s non-ferrous exports in November.

China said to repeal export taxes targeted by WTO case

China has apparently decided to heed a World Trade Organisation ruling by removing a range of raw material export taxes that were the target of a successful WTO complaint.

SA producers to argue against Eskom hikes at January hearings

Industry players are devising their strategies on how they will present their cases to the National Energy Regulator of South Africa (Nersa) in January, when the regulator will start public hearings on Eskom’s proposed 16%-per-year tariff increases for five years.

MANGANESE ORE INDEX: Prices rise on consumer demand, low stocks

Manganese ore prices rose on Friday December 14 on a wave of buying and expectations of rising prices in the first quarter of 2013 amid tight availability.

MB NON-FERROUS PRICE CHANGES

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

SPOTLIGHT: China may cut ferro-alloys export tariffs in 2013

Speculation is mounting that China will cut export taxes on ferro-alloys in 2013, not only to support local producers but also in response to a ruling that the tariffs broke World Trade Organization rules.