[Ferro-Alloys.com]As Spring Festival is around the corner, it seems that few transactions can be made on manganese alloys spot market. The quotation was basically in line with last week.
[Ferro-Alloys.com] In recent period, Chinese imported manganese ore spot market remained calm as more traders off-work for holiday, and faltering demand led to somewhat standstill for transaction.
[Ferro-Alloys.com]It seems that flat demand on ore aggravated traders’concern on future market since increasing number of participants quit market temporarily for Spring Festival approaching.
[Ferro-Alloys.com]It is reported that RMB6,000/mt for HBIS and RMB6,040/mt for Shasteel Group further pushed down new round purchase on silicon manganese in Feb.
[Ferro-Alloys.com]It is said that medium carbon ferromanganese 75C2.0 with low P contain quoted at RMB7,900-8,000/mt in traders based in Zhejiang area while P≤0.4 was quoted at RMB7,600-7,700/mt.
[Ferro-Alloys.com] Faint demand resulted in further tumbling on silicon manganese in China recently. It is said that 6014 in Guanyang of Guangxi was quoted