6/12/2007

[Ferro manganese] ferro manganese market transactions talk

Recently, the ferromanganese market's overall turnover was thin, the market price is declining. Currently HCFeMn South FeMn65C7 the mainstream prices in 8000 -8500 yuan / ton, Northern regions in 8500 -9000 yuan / ton, most of the manufacturers of said transactions were at a standstill. Carbon ferromanganese market is also sluggish, it is not optimistic about the transaction, carbon ferromanganese prices have FeMn75C2 Southern slid to 11800 -12000 yuan / ton, and the northern region in the prices of 11,500 yuan / tons. And the sale, the large-scale manufacturing enterprises have good sales channels, the transaction is slightly more favorable, But small and medium-sized producers were limited sales channels, inventory increased, the occupation of the larger liquidity.
According to many industry insiders said that the current price of ferromanganese market is not a problem, but turnover problems. Now, steel mills, for the June 7-3 purchase price has not been determined, but there are certain steel stock, is not in a hurry to purchase. One of the purchase price has not been ascertained, they dare not venture traders procurement. Thus the whole market with a wait-and-see attitude of the majority, in such market conditions, ferromanganese prices may also decline.

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