[Ferro-Alloys.com]Since there was no signs of picking up for high carbon ferromanganese,it seems that domestic alloys traders have less interest in products stocking before Spring Festival. One trader based in Shandong said that high carbon ferromanganese 65 was only quoted at RMB5,050/mt by cash, and RMB5,150/mt to steel mills. In fact, most Chinese steelmakers put Jan purchase on 65# focus on RMB5,150/mt, only for those with difficulty in purchasing set bidding to around RMB5,200-5,300/mt like Nanjing Steel Group and Xining Special steel group and so on.
In general, regions difference increasing price gap for high carbon ferromanganese in China.
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- [Editor:Sophie]
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