[Ferro-Alloys.com] Despite high water season in south of China, it seems that disappointing sale for manganese alloys contributed directly to low operation rates.

According to Guangxi Hengxing Manganese Co.,Ltd, depressing sale for silicon manganese already led the company to cut output further, and focusing mainly on fullfil contracts with steel mills. Meanwhile, it is reported by related person from Guangxi Mencheng Mining CO.,Ltd, that the company was still in shutdown because of poor sale. As for Guangxi Xin-Manganese Group Co.,Ltd, low sale and high cost also brought about greatly negative impact on the company running. Since no bargaining power for alloy suppliers, Qinzhou Yongsheng Manganese Co.,Ltd also put silicon manganese cut by 50% according to related person told us. As large scale company, Guangxi Ferroalloys Group still maintained normal operation for solid financial strength. However, ongoing downtrend price for manganese alloy also exerted somewhat impact on the company.

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• [Editor:Sophie]