Metals News
[Minor metal] Stainless Steel Prices Steady, Refined Manganese Prices Secure Support For Short-term
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Dec 7,2009

SHANGHAI, Dec. 8 (CBI China) -- Refined manganese prices remained stable with slight rise due to tight supply in domestic spot market, at present, the trading price was around RMB 12,600/mt.

    Due to the recent stability of the domestic demand for stainless steel, refining furnace stainless steel manufacturers almost all start production, so stainless steel prices remained steady recently. Refined manganese prices remained stable with slight rise due to increasing demand and limited spot supply.

    It is known that the cost of refined manganese also rose. Take Huayuan region as an example, the powder factory prices rose to RMB 600-700/mt, the sulfuric acid factory price was RMB 500-600/mt, selenium dioxide was also picked up slightly to RMB 280/kg. 

    Refined manganese market this week is expected to be steady. Prices are unlikely to rise or fall.

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