SHANGHAI, Dec 28 (SMM) – Xiangtan Iron & Steel of Hunan Valin, settled its latest purchasing price of manganese metal nodule at 14,200 yuan/mt for its January tender this week, SMM learned.

This is 500 yuan/mt up from its December tender. The price would be paid in acceptance and includes transport costs and tax.

Procurement volume for the January tender stood at 1,800 mt.