July 2009 | Ferro-alloys
Chinese manganese alloy producers aim for higher prices
Chinese manganese alloy producers are increasing offer prices due to stronger demand from domestic steel mills and increased ore costs.
Chinese manganese alloy producers aim for higher pricesChinese manganese alloy producers are increasing offer prices due to stronger demand from domestic steel mills and increased ore costs. Guangxi Xinzhen Manganese Group increased its offer price to Rmb7,000/tonne ($1,025/tonne before 20% export tax) ex-works for 65/17 silico-manganese and to Rmb9,300/tonne ($1,365/tonne) ex-works for medium-carbon ferro-manganese with 78% min manganese and 2% max C content. The company has annual capacity of 250,000 tonnes for silico-manganese,...
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