Manganese alloys production rises on capacity expansion Smelters restock ahead of elections, reap price benefits Higher crude steel output fuels Mn alloy demand Morning Brief: India’s imported manganese ore volumes rose a sharp 29% y-o-y to 2.46 million tonnes (mnt) over...
- June 20, 2024
Imported manganese ore prices surge 35% m-o-m in May Indian domestic silico manganese prices rise MOIL, India’s state-owned mining company, has announced a price hike for manganese ore effective from June 2024. Mn grades above 44% have witnessed a 35%...
- June 1, 2024
Around 10% of 50 mnt of seaborne trade impacted Global miners increase export offers for June shipments Chinese demand surges but domestic supply remains tight Weak import demand for Indian Mn alloys may cap prices Morning Brief: In a significant...
- May 28, 2024
Panic selling, lower offers weigh on prices Need-based procurement in domestic market The domestic silico manganese market witnessed a counterintuitive price correction this week, exhibiting a significant downward trend that defies recent market expectations. Key producing regions in India experienced...
- May 24, 2024
Bids for some grades drop in OMC’s auction Tsingshan’s June’24 tender prices stable m-o-m European benchmark prices to be discontinued from June Indian high-carbon ferro chrome (HC60%, Si:4%) prices remained steady w-o-w, decreasing slightly by INR 100/t ($1/t) w-o-w compared...
- May 24, 2024
