SHANGHAI, Jul. 24 (SMM) - Two steel plants announced their August bid price for SiMn alloy recently, SMM learned.
Xiangtan Iron & Steel Co. set bid price at 7,250 yuan per tonne (price to factory, by acceptance), up 550 yuan per ton from July. Purchase volume is 12,000 tonnes.
Nanjing Iron & Steel Co. will purchase 10,000 tonnes of SiMn alloy at price of 7,260 yuan per tonne (price to factory, by acceptance), up 570 yuan per ton from July.
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