[Mn Ore] Manganese Ore Prices at Chinese Ports Pressured by Worsening EMM Market-Shanghai Metals Market

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[Mn Ore] Manganese Ore Prices at Chinese Ports Pressured by Worsening EMM Market

Industry News 02:30:17PM Aug 06, 2015 Source:SMM

SHANGHAI, Aug. 6 (SMM) – Major steel mills cut EMM bid prices by 500-980 yuan per tonne for August bookings, boding ill for imported manganese ore prices at Chinese ports. 

SiMn alloy market, another driver of manganese ore consumption, also performed badly. Spreading steel mill maintenance has bit into SiMn alloy demand.  

The table below shows prices of imported manganese ore at China’s major ports: 

Origin

Grade

Aug. 6 Price

(yuan/mtu)

Aug. 5 Price

(yuan/mtu)  

Price   Change

Port

Notes


Australia

lump (Mn47-48%)

25

25

Tianjin



lump (Mn47-48%)

24.7-25

24.7-25

Qinzhou, Zhanjiang


South Africa

semi carbonate manganese ore lump (Mn38% Fe5%)

21.5-22

21.5-22

Tianjin, Lianyungang



semi carbonate manganese ore lump (Mn38% Fe5%)

21.5

21.5

Qinzhou, Fangchenggang


Brazil

lump   (Mn44-45%)

21.5-22

21.5-22

Qinzhou, Zhanjiang



lump   (Mn44-45%)

0

0

shortage

Tianjin, Lianyungang


Malaysia  

lump   (Mn33% Fe10%)

19.5-20

19.5-20

Tianjin



lump   (Mn33% Fe10%)

19.5-20

19.5-20

Zhanjiang, Qinzhou


Notes:   prices in the table refer to mainstream traded prices.



For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.

[Mn Ore] Manganese Ore Prices at Chinese Ports Pressured by Worsening EMM Market

Industry News 02:30:17PM Aug 06, 2015 Source:SMM

SHANGHAI, Aug. 6 (SMM) – Major steel mills cut EMM bid prices by 500-980 yuan per tonne for August bookings, boding ill for imported manganese ore prices at Chinese ports. 

SiMn alloy market, another driver of manganese ore consumption, also performed badly. Spreading steel mill maintenance has bit into SiMn alloy demand.  

The table below shows prices of imported manganese ore at China’s major ports: 

Origin

Grade

Aug. 6 Price

(yuan/mtu)

Aug. 5 Price

(yuan/mtu)  

Price   Change

Port

Notes


Australia

lump (Mn47-48%)

25

25

Tianjin



lump (Mn47-48%)

24.7-25

24.7-25

Qinzhou, Zhanjiang


South Africa

semi carbonate manganese ore lump (Mn38% Fe5%)

21.5-22

21.5-22

Tianjin, Lianyungang



semi carbonate manganese ore lump (Mn38% Fe5%)

21.5

21.5

Qinzhou, Fangchenggang


Brazil

lump   (Mn44-45%)

21.5-22

21.5-22

Qinzhou, Zhanjiang



lump   (Mn44-45%)

0

0

shortage

Tianjin, Lianyungang


Malaysia  

lump   (Mn33% Fe10%)

19.5-20

19.5-20

Tianjin



lump   (Mn33% Fe10%)

19.5-20

19.5-20

Zhanjiang, Qinzhou


Notes:   prices in the table refer to mainstream traded prices.



For news cooperation, please contact us by email: sallyzhang@smm.cn or service.en@smm.cn.