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Home / Metal News / One Steel Plant in Jiangsu Hikes EMM Bid Solicitation Price for September

One Steel Plant in Jiangsu Hikes EMM Bid Solicitation Price for September

Sep 11, 2017 13:01

Source:SMM

One steel plant in Jiangsu hiked bid solicitation price for EMM ingot by 500 to 12,600 yuan per tonne(including tax, price to factory, by acceptance) in September.

SHANGHAI, Sept. 11 (SMM) - One steel plant in Jiangsu hiked bid solicitation price for EMM ingot by 500 to 12,600 yuan per tonne(including tax, price to factory, by acceptance) in September.

UMK Raises November Quotes for Manganese Ore for China

Purchase volume is 2,200 tonnes.

Tshipi Hikes Manganese Ore Quotes for China in October

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The average spot prices of EMM in main producing areas fell by 500 yuan/mt to 15,000-17,300 yuan/mt compared with the average prices before the Qingming festival, and the average prices of FOB fell by $100/mt to $2,500-2,800/mt.

Apr 6, 2022 11:32

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As of March 25, the average EMM prices across the major EMM producing regions fell by 3,500 yuan/mt on the week, with mainstream prices ranging between 18,000-22,000 yuan/mt. The overall decline eased in the second half of last week, with a cool atmosphere for supply and demand negotiations.

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According to SMM statistics, the total supply of EMM in November was 91,300 mt, a decrease of 5% from the previous month. At the beginning of December, both supply and demand in the manganese market were weak, and the decline in the social inventories slowed down.

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Analysis

EMM Prices Increased MoM in November and May Stabilise in Short Term

The domestic EMM output in November stood at 91,400 mt, a drop of 4.4% from October and down 23.3% on the year.

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Manganese Market Releases Information on Suspension of Production

The average EMM prices across the three major EMM producing (Songtao in Guizhou, Huayuan in Hunan, and Xiushan in Chongqing) and Guangxi stood at 40,000-40,500 yuan/mt last week, down 1,250 yuan/mt from a week ago.

Nov 26, 2021 16:05

SMM Insight SMM Comments

Manganese Market Releases Information on Suspension of Production

China’s Largest Gold Company Will Enter Manganese Industry, Likely to Force Down the Manganese Ore Prices

Western Gold announced on November 8 that it intends to purchase the equities of Akto Kebang Manganese Manufacturing Co., Ltd. (referred to as "Kebang Manganese"), Akto Baiyuanfeng Mining Industry Co., Ltd. (referred to as "Baiyuanfeng"), and Xinjiang Mengxin Tianba Mining Investment Co., Ltd. (referred to as "Mengxin Tianba"), and it will issue shares to qualified investors to raise matching funds.

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Industry

China’s EMM Spot Prices Likely to Stand High Before National Day Holiday

China’s total exports of wrought manganese, manganese products, unwrought manganese, shredded scrap, and powder stood at 33,100 mt in August, down 4.32% month on month but up 22.73% year on year, according to SMM statistics.

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China’s EMM Spot Prices Likely to Stand High Before National Day Holiday

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One Steel Plant in Jiangsu Hikes EMM Bid Solicitation Price for September

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