POSCO lowers purchasing price of manganese

Published: Jan 29, 2019 16:05

Save

The price, for Feb tender in 2019, was down $70-110/mt from the previous tender

SHANGHAI, Jan 29 (SMM) – South Korean steelmaker Pohang Iron and Steel Company (POSCO) was heard to have settled its latest purchasing price of electrolytic manganese flake at around $1,930/mt cfr, SMM learned on Tuesday January 29.

The price for its February tender in 2019 lost $70-110/mt from the previous tender. Procurement volume stood at 2,565 mt.

Xiangtan Iron & Steel of Hunan Valin settled its latest purchasing price of manganese metal nodule at 14,500 yuan/mt on acceptance, tax and transportation cost included. This price was unchanged from the previous tender, with procurement volume of 1,200 mt.

Manganese

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

32 mins ago

Asahi Kasei, Nippon Steel Launch Titanium Recycling for Chlor-Alkali Cells, Enhancing Efficiency

[SMM Titanium Express] Asahi Kasei, Nippon Steel and Nippon Steel Trading have jointly launched a titanium recycling system for chlor-alkali electrolysis cells, processing production scrap into pure titanium feedstock for corrosion-resistant anode components. Through supply chain collaboration and digital traceability, the closed-loop system enhances resource efficiency and reduces environmental impact. The partners plan to expand cooperation to further integrate secondary raw materials into production processes.

32 mins ago

41 mins ago

Latrobe Magnesium Produces 20 Tonnes of High-Grade Magnesium, Aiming for 2026 Metal Production

[SMM Magnesium Express] Latrobe Magnesium successfully produced ~20 tonnes of high-grade magnesium oxide at its Victoria demonstration plant, with total magnesium compounds around 90%, paving the way for first magnesium metal production in H2 2026. The patented process uses brown coal power generation ash as feedstock, following a circular economy model. Long-term contracts with U.S. distributors are secured, with plans for a 100,000 tpa plant in Malaysia.

41 mins ago

2 hours ago

[SMM Analysis] Titanium Dioxide Prices Rise Amid Cost Pressures and Geopolitical Tensions

As of March 24, titanium dioxide prices continued to rise, with the SMM index up 4.6% since early 2026. Two rounds of price hikes were issued in March amid low inventories. Strong exports and production cuts supported gains, though sustainability post-peak season remains uncertain, hinging on downstream acceptance.

2 hours ago