Stainless Steel Pipe Fittings

China Manganese Ore Market Movement (2015-1-8)

Written by

Manganese Ore Market: 
Prices for imported manganese ore at China’s major ports stabilized on Thursday. Malaysian manganese ore stocks at China’s southern ports are less than 20,000 mt at the moment, as the monsoon in Malaysia has negatively affected inbound shipments.

SiMn Alloy Market: 
More steel mills have cut SiMn alloy procurement prices for delivery in January 2015. For example, Hunan Valin Xiangtan Iron and Steel Co. cut procurement prices by RMB 150/mt to RMB 6,320/mt (by acceptance, tax included, delivery to factory). Magang (Group) Holding Co. will purchase 6,000 mt of SiMn alloy at RMB 6,330/mt. 

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

Origin

Grade

Jan. 8 Price

(RMB/mtu)

Jan. 7 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%)

28.7-29

28.7-29

Tianjin,Lianyungang

   

semi carbonate manganese ore lump (Mn38% Fe5%)

29.1-29.2

29.1-29.2

Qinzhou,Fangchenggang

 

Brazil

lump (Mn44-45%)

28.2-28.4

28.2-28.4

Qinzhou,Zhanjiang

 

lump (Mn44-45%)

29

29

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.

Article Categories:
Metals · Raw materials

Leave a Comment

Your email address will not be published. Required fields are marked *