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[Ferro-alloys.com] According to the investigation of www.ferro-alloys.com, as bidding situation of mills stabilized, H-C FeMn price tended to be stable in China. Mainstream ex-work price of H-C FeMn65-7.0 was RMB5400-5500/mt (USD871-887/mt) and traders offered at RMB5500-5700/mt. In Yunnan Province, ex-work price of low-P FeMn65# was RMB5100-5500/mt and FeMn75-7.0 was RMB6500-6600/mt.Some large H-C FeMn manufacturer of Ningxia disclosed it was running good and H-C FeMn65 price was RMB5500/mt. Montly output of H-C FeMn65 and H-C FeMn75# was 8000-9000 mt. Some manufacturer of Inner Mongolia disclosed its H-C FeMn75# was RMB6300/mt and H-C FeMn65 was RMB5400/mt, cash price.

Many market participants showed pessimistic and some traders purchased at the bidding price of mills. In Shandong Province, ex-work price of low-P H-C FeMn63# was RMB5300-5400/mt. As downstream demand was weak, many manufacturers only produced according to orders.

In general, H-C FeMn market was flat under weak demand.

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• [Editor:Mike.zhang]