[Ferro-Alloys.com]In recent period, Chinese high carbon ferromanganese 65 quoted at RMB4,800-5,500/mt and RMB5,700-5,800/mt. As for medium carbon ferromanganese, downtrend purchase price of steelmakers seem to drag ferromanganese price dip further though producers tend to hold sale steady. As respect of low carbon ferromanganese, given poor market demand, low operation rates become to worse. Mainstream price of 80C0.7 focused on RMB8,900-9,000/mt, some producers even put price cheaper than that.

In short, since sale pressure multiply, cheaper price from parts of participants would aggravate market competition later.  

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• [Editor:Sophie]