On April 20, last week, the national inventory of manganese mines totaled 55.5 million tons, a slight increase of 0.92% per week, but today's high manganese ore quotation has increased. During the period when manganese ore arrives in Hong Kong in May and enters the steel preheating period, the market quotation is generally quite normal, but the possibility of further high price transactions of manganese mines in the short term is relatively small. At the same time, it is expected that individual mines in South Africa may further relax restrictions. After the market hype mood is expected to cool down.
Daily Review of Silicon Manganese Market on April 20, 2020
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