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Baosteel further raises manganese purchasing price

iconJan 9, 2019 10:52
Source:SMM
Shanghai Baosteel settled its latest purchasing price of manganese flake in its second Jan tender, at 13,900 yuan/mt

SHANGHAI, Jan 9 (SMM) – Shanghai Baosteel settled its latest purchasing price of manganese flake in its second January tender, at 13,900 yuan/mt, SMM learned.

The price includes tax and transportation, and payments will be made in acceptance. The procurement volume stood at 320 mt.

Compared to its first January tender, Baosteel’s latest price stood 400 yuan/mt higher.

Also this week, the steelmaker decided to purchase 754 mt of manganese metal ingot at 14,500 yuan/mt. The price includes tax and transportation, and payments will be made in acceptance.

Manganese

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