[Ferro-Alloys.com] In recent period, increasing spot supply in Yunnan aggravated poor performance for high carbon ferromanganese. As new round purchase from steel mills still failed to clear, it seems that prices for high carbon ferromanganese in local area kept steady temporarily.Current, high carbon ferromanganese 65 still focused on RMB5,400-5,500/mt with high P containing while RMB5,500-5,700/mt for standard P containing.  As National holiday is approaching, seven days long holiday already allowed steelmakers to put purchase plan in advance. In fact, sevel mills already proceeded to released new round bidding. Given thant into consideration, participants tend to hold wait and see attitudes on future market.

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• [Editor:Sophie]