May 2014

WEEK-IN-BRIEF: Consumers bid up aluminium; another LME lawsuit; a big split in cobalt; Steve Jobs from the archive

What was going on in metal markets as May ended? MB editor Alex Harrison looks back at the week

MANGANESE ORE INDEX: High grade keeps falling as low grade ticks up

Manganese ore grades diverged on Friday May 30 as suppliers cut high grade offers to secure business and buyers bid less aggressively for low grade material.

MB NON-FERROUS PRICE CHANGES

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

Boost for ferro-alloys after Hebei Steel raises monthly price

In a boost to the Chinese ferro-alloys market, Hebei Steel has lifted its monthly price for silico-manganese purchase and made no cuts to its ferro-silicon price for June delivery.

MANGANESE ORE INDEX: Prices hold as buyers ponder direction

Manganese ore prices held in China on Friday May 23 as large miners held offers and buyers waited for direction.

China’s manganese ore imports dip in April

China’s manganese ore were down in April amid a weak market.

FACTS: China’s ferro-alloys imports in April

A quick summary of China’s steelmaking raw materials imports in April.

China’s silico-manganese output falls in April

China’s silico-manganese output dropped in April as producers cut operating rates on falling prices.

UMK, Kudumane will reduce manganese ore shipments

South African manganese ore producers United Manganese of Kalahari (UMK) and Kudumane will scale back shipments of manganese ore amid poor market conditions, sources told Metal Bulletin.

MANGANESE ORE INDEX: Suppliers cut offer prices to move material

Manganese ore prices fell slightly on Friday May 16 as pressure to move material forced suppliers to cut offers amid subdued demand.