POSCO lowers purchasing price of manganese

Published: Jan 29, 2019 16:05

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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

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