Stainless Steel Pipe Fittings

China Manganese Ore Market Movement (2015-1-5)

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Manganese Ore Market: 
Traders cut offers of Brazilian manganese ore (Mn43%Fe13%) by RMB 0.3-0.5/mtu on Monday, due to weak demand. Falling SiMn alloy prices are putting heavy downward pressure on manganese ore prices at ports.

SiMn Alloy Market: 
Magang (Group) Holding cut SiMn alloy bid prices for delivery in January 2015 by RMB 190/mt to RMB 6,330/mt (by acceptance, including tax, delivery to factory). The inflow of goods from north China has given steel mills an upper hand over price negotiation.

Prices of imported manganese ore are shown in the table below:  

Origin

Grade

Jan. 5 Price

(RMB/mtu)

Dec. 31 Price

(RMB/mtu)

Price Change

Port

Notes

 

Australia

lump (Mn47-48%)

34

34

Tianjin

 

lump (Mn47-48%)

32-32.5

32-32.5

Qinzhou,Zhanjiang

 

South Africa

semi carbonate manganese ore lump (Mn38% Fe5%)

28.3-28.5

28.3-28.5

Tianjin,Lianyungang

   

semi carbonate manganese ore lump (Mn38% Fe5%)

29.2-29.5

29.2-29.5

Qinzhou,Fangchenggang

 

Brazil

lump (Mn44-45%)

29-29.2

29-29.2

Qinzhou,Zhanjiang

 

lump (Mn44-45%)

30

30

Tianjin,Lianyungang

 

Malaysia

lump (Mn33% Fe10%)

27-28

27-28

Tianjin

 

lump (Mn33% Fe10%)

27.5-28

27.5-28

Zhanjiang,Qinzhou

 

Notes: prices in the table refer to mainstream traded prices.

Zhejiang Yaang Pipe Industry Co., Limited

Article Categories:
Metals · Raw materials

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