Manganese ore prices to China were firmer Tuesday, with sources saying offers were rising despite slow demand as port stock values had been lifted by a stronger Yuan over August.
[Ferro-Alloys.com]Overseas moly oxide transacted at USD13-13.1/lbMo, but deals were slim. Sellers tended to push offer up, so it was difficult to find low-priced materials. Consumers didn’t return to the market, so the sluggish demand was around for a while.
At early of Sept., the purchasing price of high ferronickel in Chinese market was basically at RMB1270-1310/Ni(DDP,by cash ) and the details were listed as below. Baosteel cut down the Sept. purchase price by RMB10 to RMB1270/Ni(DDP,by cash ) ; Taiyuan Iron & ...
[Ferro-Alloys.com] As the biggest silicon manganese purchaser in China settled September tender price, Ningxia and Gansu based producers dipped ex-work price for silicon manganese to RMB6,200-6,300/mt, and RMB6,300-6,400/mt in Shanxi
the company is not going to give up as the investments into the project are significant.5 RK0 furnaces (33 MVA each) were supposed to be installed at the plant to produce 235,000 tpy of ferroalloys120,000 tpy of FeMn and 115,000 tpy of SiMn.