6/26/2007

[ferro manganese ]China ferro manganese market prices have been falling

Recently, China ferromanganese market prices have been declining, the transaction is very thin, market participants are mostly in a wait-and-see, the whole market is still at a relatively low state.
Last weekend, the Anshan Iron and Steel Company HCFeMn tender Up # 73 high-carbon ferromanganese plant to the tax-inclusive price of about 8,900 yuan / ton, which is equivalent to 8,000 yuan / ton base prices around Judging from the nationwide situation, the North # 65 high carbon ferromanganese prices in the overall 8,300 yuan / tons, and the southern part of the mainstream of the overall price of about 8,000 yuan / tons. Price throughout pre-term compared to the overall low, the current market cost and market demands, The prices are relatively reasonable. Furnace # 65 high-carbon ferromanganese production costs of about 7500 -7600 yuan / t% BF ferromanganese production costs were lower number, therefore, ferromanganese producers profits though the limited space But business is still viable.
As a result of recent market demand, ferromanganese producers have begun to reduce carbon ferromanganese sales price, Now the mainstream FeMn75C2.0 price has dropped to 10,000 yuan / t% and the mainstream feMn78C2.0 prices in 10,800 yuan / t% FeMn78C1.5 prices in the mainstream 11500 -11600 yuan / tons. Silicomanganese prices from declining trend, the price of low-carbon ferromanganese prices could not escape the fate.
Addition, the export market situation is also grim, although the United States, the European markets are relatively strong. But China's exports of silicomanganese ferromanganese prices and the price trend is downward. This is bound to domestic manganese alloy market pressure.
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