World manganese ore supply totaled 1.74 million tonnes of manganese units in January, an increase of 43% from year-ago volumes, according to the International Manganese Institute (IMnI).
[Ferro-Alloys.com]Chinese steel futures ran out of steam, inching slightly lower on Wednesday, as demand remained weak, but the contract held near its highest in almost three months.
[ferro-alloys.com] China’s steel purchasing managers’ index (PMI) for February stood at 34.08, according to SMM survey. This is down by 13.9 from January and by 21.94 from February last year.