Magang manganese purchasing price falls 16.4% in Nov tender

Published: Oct 31, 2018 16:48
Maanshan Iron & Steel settled the purchasing price of manganese flake for its Nov tender at 15,950 yuan/mt

SHANGHAI, Oct 31 (SMM) – Anhui steelmaker Maanshan Iron & Steel settled the purchasing price of manganese flake for its November tender at 15,950 yuan/mt earlier this week, SMM learned.

This is 16.4%, or 3,140 yuan/mt, lower than its October tender. The price would be paid in acceptance and includes transport costs and tax.

Procurement volume for the November tender stood at 690 mt.

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