Baosteel settles May manganese buy tender

Published: May 4, 2018 15:25
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

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 to learn 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
Landslide at DRC Tantalum Mine Kills Over 200, Disrupts Supply and Spikes Prices
22 hours ago
Landslide at DRC Tantalum Mine Kills Over 200, Disrupts Supply and Spikes Prices
Read More
Landslide at DRC Tantalum Mine Kills Over 200, Disrupts Supply and Spikes Prices
Landslide at DRC Tantalum Mine Kills Over 200, Disrupts Supply and Spikes Prices
[SMM Tantalum News] On March 3 local time, a landslide occurred at the Gasasa mining site in Masisi Territory, North Kivu Province, eastern DRC, burying hundreds of people. Local rescuers estimate the death toll exceeds 200, with specific casualty figures still being tallied. Currently, the mine is controlled by the rebel group M23, which, fearing airstrikes by DRC government forces, has refrained from modern mechanized mining. Due to supply disruptions of tantalum ore (Ta₂O₅≥30%), transactions have been reported at $210–220 per pound, representing a sharp price surge. As this news spreads through the market, coupled with the tight supply-demand balance, tantalum ore prices are expected to continue climbing, potentially reaching new highs.
22 hours ago
[SMM Analysis] The Traditional Peak Season Started Slowly; Stainless Steel Social Inventory Rose Slightly, with Follow-Up Depending on Demand Materialization
Mar 6, 2026 14:26
[SMM Analysis] The Traditional Peak Season Started Slowly; Stainless Steel Social Inventory Rose Slightly, with Follow-Up Depending on Demand Materialization
Read More
[SMM Analysis] The Traditional Peak Season Started Slowly; Stainless Steel Social Inventory Rose Slightly, with Follow-Up Depending on Demand Materialization
[SMM Analysis] The Traditional Peak Season Started Slowly; Stainless Steel Social Inventory Rose Slightly, with Follow-Up Depending on Demand Materialization
Mar 6, 2026 14:26
Tungsten Scrap Prices Rise in Europe and India, Up to 8% Increase Recorded
Mar 5, 2026 19:55
Tungsten Scrap Prices Rise in Europe and India, Up to 8% Increase Recorded
Read More
Tungsten Scrap Prices Rise in Europe and India, Up to 8% Increase Recorded
Tungsten Scrap Prices Rise in Europe and India, Up to 8% Increase Recorded
[SMM Tungsten Express] As of March 5, SMM data shows European tungsten scrap drill tips quoted at €95-105/kg, averaging €100/kg, up 8% from February 26; European scrap carbide blades at €97.5/kg. Indian FOB scrap drill tips at $125-140/kg, up $20 from last week; scrap carbide blades FOB at $110-125/kg.
Mar 5, 2026 19:55
Baosteel settles May manganese buy tender - Shanghai Metals Market (SMM)