Ferromanganese Spot Price is in Low Level

  • Thursday, October 22, 2009
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  • Keywords:ferromanganese FeMn
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At present, HC ferromanganese65# lingers about RMB7,000-7,400/mt (USD1,029-1,088/mt); RMB8,200-8,400/mt (USD1,206-1,235/mt)for 75#; RMB9,000-9,400/mt (USD1,323-1,382/mt) for MC75#. One the one hand, mills continued to cut purchasing on raw material. On the other hand, some manganese alloys plants still have many stocks for sluggish market demand. It is predicted that manganese alloys is hard to recover in short period.

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