GLOBAL MANGANESE WRAP: Ore surges; alloys strengthen in Europe, India; Chinese alloys flat
Manganese ore prices jumped last week, supported by strong demand in the steel sector, recent robust alloy prices in China and a summer draw-down in Chinese ore stocks.
The 37% index surged 11% from last week to $5.09 per dry metric tonne unit (dmtu) fob Port Elizabeth, its highest level since January. The 44% index climbed to $6.32, a 3% rise from the previous week.
- The 37% ore index jumped 11%
- Alloy trading thin in China; expectations strong ahead of holiday
- Indian silico-manganese prices hit fresh record high
- European alloy prices find strength after summer
GLOBAL MANGANESE WRAP: Ore surges; alloys strengthen in Europe,...
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Last
37.0¢ |
Change
0.040(12.1%) |
Mkt cap ! $725.0M | |||
| Open | High | Low | Value | Volume |
| 34.0¢ | 41.0¢ | 33.5¢ | $15.16M | 40.68M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 7 | 511821 | 37.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 37.5¢ | 342423 | 7 |
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| Last trade - 16.10pm 13/05/2024 (20 minute delay) ? |
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Last
37.5¢ |
Change
0.040 ( 14.2 %) |
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| Open | High | Low | Volume | ||
| 33.0¢ | 41.0¢ | 33.0¢ | 14344121 | ||
| Last updated 15.59pm 13/05/2024 ? | |||||
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