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Chinese LC FeMn Market Hold Steady for Limited Spot Supply

  • Thursday, March 19, 2015
  • Source:ferro-alloys.com

  • Keywords:FeMn Ferromanganese
[Fellow][Ferro-Alloys.com]It seems that flat demand fails to further push down Chinese low carbon ferromanganese because of limited spot supply. Currently, price of 80C0.7 is conc

[Ferro-Alloys.com]It seems that flat demand fails to further push down Chinese low carbon ferromanganese because of limited spot supply. Currently, price of 80C0.7 is concentrating on RMB8,800-8,900/mt with high P contain  while RMB9,700-9,800/mt for 80C0.4. In fact, poor performance of steel mills lead operation rates of low carbon ferromanganese to continue to declining, only those with large scale and good reputation struggling to maintain running. Furthermore, contracting business allow parts of ferromanganese factories to produce according to orders with few stcokpiles.

 

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  • [Editor:Sophie]

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