Ferromanganese market price change in China

At the beginning of the week, the high-carbon ferromanganese market was weak and consolidated. Previously, the price of some minerals in the raw manganese ore market still fell slightly. In addition, the high-manganese spot side lacked the stimulation of high-price transactions. The price of 65# high-manganese was temporarily set at 6800-6900 yuan/ton due to the obvious shortage of the factory. keep it steady. Under the intertwining of various factors, the industry's mentality has become cautious. Although the Ferroalloy Industry Association held a manganese series meeting on Friday afternoon and decided that 40 manganese series alloy units participating in the meeting reached the requirement of reducing production and limiting production by 50%, according to the previous implementation situation, manganese series It is still difficult for the iron end to show obvious production reduction behavior, and the industry's eyes are focused on a new round of steel Zhaogang bidding. The market outlook is clear.