Steelmakers further lower purchasing prices of silico-manganese

Published: Dec 29, 2018 14:54

Save

A large steelmaker in Hebei settled its latest purchasing price of silico-manganese alloy at 8,250 yuan/mt in its Jan tender

SHANGHAI, Dec 29 (SMM) – A large steelmaker in Hebei this week settled its latest purchasing price of silico-manganese alloy at 8,250 yuan/mt on acceptance in its January tender, SMM learned.

The price, including tax and transport costs, is 500-700 yuan/mt down from that for December tenders. The procurement volume stood at 23,000 mt.

Another steel mill, owned by CITIC Pacific, concluded silico-manganese purchasing price for its January tender at 8,200 yuan/mt on acceptance, also including tax and transport costs. The price was down 760 yuan/mt from the previous tender.

Wuhan Iron and Steel decided to purchase silico-manganese at 8,500 yuan/mt on acceptance in its January tender, down 550 yuan/mt from the previous tender.

Guangxi Liuzhou Iron & Steel settled its latest purchasing price of silico-manganese at 8,300-8,350 yuan/mt, with procurement volume at 16,000 mt.

Xiangtan Iron & Steel of Hunan Valin would buy 12,000 mt of silico-manganese at 8,300 yuan/mt in its January tender.

Manganese Silico-manganese Silico-manganese alloy

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

15 hours ago

Silicon Metal Market Review for January and Outlook for February

In January, the silicon metal market experienced a relatively loose supply-demand balance, with a theoretical inventory buildup of approximately 30,000 mt. In February, both supply and demand contracted simultaneously, and the market is expected to show a tight balance or minor destocking. The current high industry inventory still requires time to be digested, and the sustainability of destocking remains a key variable affecting price trends and market sentiment.

15 hours ago

18 hours ago

A plant in northern China is calling for bids for indium ingots and bismuth ingots

SMM, February 6 - According to SMM’s investigation of market information, a large smelter in northern China began public bidding for a certain quantity of indium ingots and bismuth ingots starting yesterday. Market sources indicate that the starting price for these indium ingots exceeds 4,000 yuan per kilogram, while the starting price for bismuth ingots is above 150,000 yuan per ton. The bidding results are expected to be announced before the Spring Festival. Market participants note that, given the clear trend of sluggish trading activity ahead of the Spring Festival, the timing of this bidding is not ideal. However, the relatively favorable starting prices have generated considerable market anticipation for the outcome of the bidding.

18 hours ago

Feb 5, 2026 19:18

[SMM Analysis] Futures Lack Momentum to Rise Further, Pre-Holiday Demand Stalls, and Stainless Steel Social Inventory Accumulation Intensifies

Feb 5, 2026 19:18