[Ferro-Alloys.com]In recent period, price of silicon manganese 6014 also kept in poor performance given sluggish demand. In fact, low sale price made shutdown situation of silicon manganese in south area become worse. In Guangxi and Chongqing, price of 6014 concentrated on RMB4,050-5,150/mt without tax while RMB4,100-4,200/mt for Hunan and Guizhou. In Henan, price of 6014 dropped to RMB4,150-4,200/mt.

Given traditional slack season in August, the movement of alloy market would be hard to show good shape. Despite prices already touched the bottom line, the future market of silicon manganese would still be not optimistic amid slowing growth of economy in China

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• [Editor:Sophie]