Price for High Carbon FeMn Market in China Quoted in Chaos

  • Friday, October 24, 2014
  • Source:ferro-alloys.com

  • Keywords:FeMn Ferromanganese
[Fellow][Ferro-Alloys.com] Poor demand and capital pressure gave rise to chaos quotation for high carbon ferromanganese market,especially for high carbon ferromanganese 65.

[Ferro-Alloys.com] Poor demand and capital pressure gave rise to chaos quotation for high carbon ferromanganese market,especially for high carbon ferromanganese 65. It is said that mainstream ex-work price in Yunan for high P lingered about RMB5,000-5,100/mt, while RMB5,400-5,600/mt for low P containing in the whole market. As for domestic traders, quotation stood at RMB5,600-5,800/mt. In terms of high carbon ferromanganese 75#, the price maintained at around RMB6,400/mt. Given high cost but low sale, more and more producers plan to suspend operation in the future.

 

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  • [Editor:Sophie]

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