Magang raises manganese purchasing price

Published: Dec 18, 2018 16:11
Maanshan Iron & Steel settled the purchasing price of manganese flake for its second tender in Dec at 13,700 yuan/mt

SHANGHAI, Dec 18 (SMM) – Anhui steelmaker Maanshan Iron & Steel, also known as Magang, settled the purchasing price of manganese flake for its second tender in December at 13,700 yuan/mt this week, SMM learned.

This is 350 yuan/mt higher than the first December tender. The price would be paid in acceptance and includes transport costs and tax.

Procurement volume for the tender stood at 330 mt.

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