Market Transactions Remain Sluggish, SiMn Alloy Temporarily Stable [SMM SiMn Alloy Daily Review]

[SMM SiMn Alloy Daily Review: Market Transactions Remain Sluggish, SiMn Alloy Temporarily Stable] In north China, SiMn alloy 65/17 (cash) was priced at 6,000-6,200 yuan/mt, flat MoM; in south China, SiMn alloy 65/17 (cash) was priced at 6,200-6,300 yuan/mt, also flat MoM. According to SMM, on the raw material side, manganese ore port inventory remained at low levels, coupled with reduced manganese ore shipments, keeping ore prices firm as before the holiday. Alloy plants maintained normal production, while post-holiday market transactions were sluggish, with most market participants adopting a wait-and-see approach, focusing on the progress of major steel tenders.