High Manganese Prices And Low Manganese Prices

The signs of conversion are obvious, and the deadlock between supply and demand in ferromanganese market is the main one. 

Recently, the high manganese steel price increased slightly to make the factory to receive the order situation slightly improved, but the downstream market downturn drove the high price transaction slightly difficult, the real price of the weak Yin fall adjustment is still a big possibility, at present high manganese 65# offer to 6800-7000 yuan/ton spread, 75# continues to maintain stable at 7800 yuan/ton level. 

As for medium and low manganese, after some steel prices rose, the low manganese 0.7 quotation of a few factories showed signs of increasing to 11200-11300 yuan/ton, but the transaction was very small. The mainstream quotation still maintained the level of 11,000 yuan/ton, while the medium manganese 75C2.0 maintained around 9400 yuan/ton, lacking high price transaction stimulation and steel pricing guidance.