GLOBAL MANGANESE WRAP: Tenders boost Chinese alloy prices; improved demand firms up low-grade ore
Low-grade manganese ore prices strengthened last week thanks to demand improving when Chinese stocks fell, while September tender announcements provided support for local manganese alloy prices.
Chinese manganese alloy prices boosted by increase in September mill tender prices Ore prices diverge, with low-grade ore bolstered by stronger steel sentiment and falling stocks Indian silico-manganese prices climb while low-grade ore prices strengthen EU, US markets remain inactive during summer doldrums Elevated tender prices boost Chinese manganese alloy prices Chinese manganese alloy prices inched higher this week alongside tender prices from major steel mills.
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