Non-ferrous

Non-ferrous

Base Metals

Rare Earth

Scrap Metals

Minor Metals

Precious Metals

Ferrous Metals

Ferrous Metals

Iron Ore Index Iron Ore Price Finished Steel Coke Coal Pig Iron Silicon Steel

New Energy

New Energy

Solar Lithium Cobalt Ternary Precursor and Material Anode Materials Chemical Compound Lithium-ion Battery Used Lithium-ion Battery Sodium-ion Battery Hydrogen Energy Energy Storage

Dashboard DatabasePro Reports Events Car Insight

Home / Metal News / Steelmakers lower silico-manganese purchasing price for May tenders

Steelmakers lower silico-manganese purchasing price for May tenders

May 5, 2019 15:28

Source:SMM

HBIS Group settled its purchasing price for 6517 materials at 7,600 yuan/mt, down 250 yuan/mt from Apr

SHANGHAI, May 5 (SMM) – Most steelmakers in China lowered the purchasing price of silico-manganese alloys for their May tenders, SMM research found.

China's biggest steelmaker Hebei Iron and Steel Group (HBIS Group) earlier this week settled its purchasing price for 6517 materials at 7,600 yuan/mt, down 250 yuan/mt from the price for April tender.

HBIS Group would procure 29,490 mt of 6517 silico-manganese in its May tender, up 5,800 mt from April.

Kunming Iron & Steel Group (KISC) also set its purchasing price for 6517 silico-manganese at 7,600 yuan/mt, with procurement volume at 1,300 mt, in its May tender. KISC purchased 4,465 mt of silico-manganese at 7,740 yuan/mt in April.

Zhejiang Yuanli Steel also lowered its purchasing price for silico-manganese in May, down 310 yuan/mt to 7,740 yuan/mt, with procurement volume unchanged at 3,000 mt.

Manganese

Silico-manganese

Silico-manganese alloy

For queries, please contact Michael Jiang at michaeljiang@smm.cn

For more information on how to access our research reports, please email service.en@smm.cn

Related news

LMO project of Jingxi Lijin New Material started trial operation on June 14

Xiangtan Electrochemical Technology announced that its subsidiary, Jingxi Lijin New Materials Co., Ltd., has basically completed construction of the main part of its 20,000 mt/year spinel-type LMO battery material project.

time

Jun 23, 2021 13:07

LMO project of Jingxi Lijin New Material started trial operation on June 14

South Africa 21-day lockdown to affect 1.2 million mt of its manganese ore production

About 1.2 million mt of manganese ore production in South Africa is expected to be affected by the 21-day nationwide lockdown aimed at containing the coronavirus, a local trader estimates. President Cyril Ramaphosa announced the three-week lockdown on Monday March 23, including closing mines, starting from midnight Thursday March 26.

time

Mar 25, 2020 11:32

South Africa 21-day lockdown to affect 1.2 million mt of its manganese ore production

Zhengzhou silico-manganese futures surged more than 3% after South Africa declared national state of disaster

China silico-manganese futures surged on Monday morning, as concerns about manganese ore supply grew after the major supplier—South Africa announced a raft of measures to slow the spread of coronavirus. The most active silico-manganese futures on the Zhengzhou Commodity Exchange (ZCE) for May delivery surged more than 3% to its highest in over three weeks at 6,298 yuan/mt in morning trade.

time

Mar 16, 2020 13:52

Zhengzhou silico-manganese futures surged more than 3% after South Africa declared national state of disaster

Manganese prices face further downside risks on high inventories of stainless steel

Prices of spot manganese have not received significant support from the resumption of downstream demand and have extended their slide this week. SMM expects the prices will remain weak with pressure from elevated inventories of #200 cold- and hot- rolled stainless steel.

time

Mar 13, 2020 16:42

Manganese prices face further downside risks on high inventories of stainless steel

Manganese producers in Guizhou resumed production as logistics recovered

Daily output of electrolytic manganese across the region is expected to recover to 100-200 mt in the early stage of the resumption

time

Feb 18, 2020 16:25

Manganese producers in Guizhou resumed production as logistics recovered

Steelmakers cut manganese purchasing prices in December tenders

Muted trades in the spot market grew bearish sentiment about prices

time

Dec 11, 2019 18:59

Steelmakers cut manganese purchasing prices in December tenders

Manganese prices remain under pressure in short term

Average spot prices of electrolytic manganese in China’s main production areas fell 325 yuan/mt month the month in Nov

time

Dec 5, 2019 11:50

Manganese prices remain under pressure in short term

China’s manganese exports shrink 17% in Jul as stainless steel makers overseas in summer break

China exported 33,041 mt of unwrought manganese, manganese scrap, power, wrought manganese, manganese products in Jul

time

Aug 29, 2019 12:00

China’s manganese exports shrink 17% in Jul as stainless steel makers overseas in summer break

Baosteel to purchase 800 mt manganese metal at 14,200 yuan/mt

This is down 100 yuan/mt from its tender for Jun

time

Jul 11, 2019 12:48

Baosteel to purchase 800 mt manganese metal at 14,200 yuan/mt

Bullish sentiment extends gains in silicon-manganese alloy offers

As of Jun 26, some producers hiked offers to 7,600 yuan/mt, ex-work in cash

time

Jun 26, 2019 14:50

SMM Comments Industry

Bullish sentiment extends gains in silicon-manganese alloy offers

SMM Events & Webinars

Oct
09
- NET ZERO EUROPE - Solar & Energy Storage Summit
  Oct 09 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Oct
08
- 2nd Li-ion Battery Europe 2024
  Oct 08 - 10,2024
  THE EGG BRUSSELS, BELGIUM
Jun
24
- 2024 Global Renewable Metal Industry Chain Summit
  Jun 24 - 25,2024
  To foster international cooperation and dialogue among industry colleagues
  Kuala Lumpur , Malaysia

MOST POPULAR

1.China Lithium Market Dynamics and Lithium Procurement Study

2.Battery Recycling Technology Understanding

3.Solid State Battery Market

4. China Scrap Steel Quality Analysis

5.China Scrap Steel Cost Curve

Shanghai Metals Market

Privacy Policy Compliance Centre SMM Credit Service Contact Us About Us Terms & Conditions Sitemap Holiday Pricing Schedule

Notice: By accessing this site you agree that you will not copy or reproduce any part of its contents (including, but not limited to, single prices, graphs or news content) in any form or for any purpose whatsoever without the prior written consent of the publisher.

Drop us a line

service.en@smm.cn

How can we help you?

+86 021 5155-0306

Live chat via WhatsApp

Copyright © 2024 SMM Information & Technology Co., Ltd. All rights reserved.