[Ferro-Alloys.com]In recent period, high carbon ferromanganese 65 wiith high P contain in Yunnan was edged down to RMB4M900-5,000/mt by cash from RMB5,000-5,100/mt in prior period. Meanwhile, high carbon ferromanganese 65 with P≤0.25 was pegged at RMB5,000-5,100/mt, some still put as high as RMB5,200/mt for limited supply. As for 75#, the price was fixed at RMB6,000-6,100/mt, some as high as RMB6,200-6,300/mt for different technique cost.
In short, given shrinking operation rates in south of China, limited supply would bring about some positive cushion on future market trend.
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- [Editor:Sophie]
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