Baosteel settles May manganese buy tender

Published: May 4, 2018 15:25

Save

Baosteel settled its May purchasing price of manganese in a tender at 12,500 yuan/mt delivered, SMM learned.

SHANGHAI, May 4 (SMM) – Baosteel settled its May purchasing price of manganese in a tender at 12,500 yuan/mt delivered, down 150 yuan/mt from the second tender in April but flat with the first one last month, SMM learned.

The procurement volume stood at 4,000 mt.

The price was inclusive of tax and transportation, and payments will be made in acceptance.

For editorial queries, please contact Daisy Tseng at daisy@smm.cn
For more information on how to access our research reports, please email service.en@smm.cn

manganese steel mills

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM's internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or for more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

1 hour ago

Short-term Bull Momentum Repair, Aluminum Alloy Drifting Higher; Cautious Price Adjustments in Spot Market, Sluggish Transactions [ADC12 Daily Price Review]

[ADC12 Price Daily: Short-Term Bullish Momentum Recovers, Aluminum Alloy Drifts Higher; Spot Market Cautious in Price Adjustment amid Sluggish Transactions]Today, the SMM ADC12 price remained stable compared to the previous trading day at 24,000 yuan/mt.

1 hour ago

Jul 3, 2026 17:31

Low Willingness to Sell among Manufacturers, Weak Futures and Spot Prices [SMM SiMn Weekly Review]

As of Friday, SiMn 6517 (cash) in north China was at 5,600-5,700 yuan/mt, down WoW; in south China, SiMn 6517 (cash) was at 5,650-5,750 yuan/mt, down WoW, and SiMn 6014 (cash) there was at 5,450-5,500 yuan/mt, down WoW. Recently, SiMn futures moved weakly sideways in a narrow range, with a strong wait-and-see sentiment in the market, low willingness to sell among producers, and weak spot and futures prices.

Jul 3, 2026 17:31

Jul 3, 2026 17:25

[SMM Manganese Ore Weekly Review] Demand Lacks Strength, Wait-and-See Sentiment Dominates

July 3 Brief: Northern ports: South African high-iron ore 30.5-31.4 yuan/mtu, down WoW; South African semi-carbonate ore 37.2-37.7 yuan/mtu, flat WoW; Gabonese ore 40.6-41 yuan/mtu, flat WoW; 46% Australian lumps 43.3-43.8 yuan/mtu, flat WoW; South African medium-iron ore 37-37.5 yuan/mtu, flat WoW. Southern ports: South African high-iron ore 33.5-34 yuan/mtu, down WoW; South African semi-carbonate ore 36.5-37 yuan/mtu, flat WoW; Gabonese ore 41-41.5 yuan/mtu, flat WoW; 46% Australian lumps 43.2-43.7 yuan/mtu, down WoW; South African medium-iron ore 37-37.5 yuan/mtu, flat WoW. The manganese ore market is stable but stagnant, end-use demand is weak, and buying and selling are dominated by wait-and-see sentiment.

Jul 3, 2026 17:25