According to our investigation on about 100 cored wire manufacturers of China recently, overall operation declined to below 30%.

Chinese EMM price rebounded modestly last week as spot supply was short and manufacturers tried to elevate price.

Mainstream ex-work of 99.7% manganese flake dropped to RMB 11500-11700/mt (USD1855-1887/mt).

Overall operation rate continued to decrease and giant manufacturers were also impacted much.