Hisco confirmed SiMn Price in Aug

  • Monday, August 1, 2016
  • Source:ferro-alloys.com

  • Keywords:silicon manganese ,SiMn
[Fellow]Hisco confirmed the price of SiMn in August just now

Hebei steel &Iron Co just confirmed its purchased price for Silicon manganese 6517 grade at RMB7200/mt deliver to their warehouse by 90days payment term.

This price is no profit or a bit of profit to the producers of SiMn, for Manganese ore price increased alomost double  and Mn ore suppliers are the winner this time, not  steel and SiMn plants these time.

The price offered by SiMn ssuppler was RMB7800/mt delviered to plant, but HISCO finnaly accepted RMB7200/mt for its closed price, this price was RMB2200/mt increased than price in July. which it is about 42% increased than last month.

 

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