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MC FeMn Market Kept Steady in Traders of South of China

  • Tuesday, February 10, 2015
  • Source:ferro-alloys.com

  • Keywords:FeMn Ferromanganese
[Fellow][Ferro-Alloys.com]It is said that medium carbon ferromanganese 75C2.0 with low P contain quoted at RMB7,900-8,000/mt in traders based in Zhejiang area while P≤0.4 was quoted at RMB7,600-7,700/mt.

[Ferro-Alloys.com]It is said that medium carbon ferromanganese 75C2.0 with low P contain quoted at RMB7,900-8,000/mt in traders based in Zhejiang area while P≤0.4 was quoted at RMB7,600-7,700/mt. As Spring Festival is around the corner, it seems that the activity of manganese alloy become calm gradually since most traders in local area already finished purchase plan. One the one hand, increasing capital pressure of alloy factories make traders possible to purchase products with comparatively reasonable price before traditional Chinese festival celebration. On the other hand, worse performance of alloys would aggravate shutdown condition, which in turn may increase purchase difficulity.

In general, it is estimated that medium carbon ferromanganese would likely to hold steady in the near future given no good factor to boost market.  

 

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  • [Editor:Sophie]

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