Baosteel settles Dec manganese purchasing price at 12,900 yuan/mt

SHANGHAI, Dec 5 (SMM) – Shanghai Baosteel settled its December purchasing price of manganese flake in a tender, at 12,900 yuan/mt, SMM learned.

The price includes tax and transportation, and payments will be made in acceptance. The procurement volume stood at 2,500 mt.

In its October tender, the steelmaker purchased manganese flake at 19,200 yuan/mt, also on acceptance and including tax and transport costs.