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[ferro-alloys.com]Before a new round of bidding by steel plants came, the Silicon Manganese market kept steady. A large steel plant in Northern China may announced the bidding information on Friday or next Monday. The silicon maganese alloys market is steady, and the mainstream price in Northern China was 8500 RMB/T, and the price in Southern China was 8600 RMB/T. The traders are eager to make sure whether the bidding quantity will be increased or not. It is said that the bidding quantity may not exceed the quantity on last month (29700 tons), and the bidding price may be the same as the price on last month. The market of maganese ore was steady, too. The Australian maganese ore was quoted at 68-70 RMB/tons of degree in Tianjin Port. South African manganese carbonate was quoted at 58-60 RMB/tons of degree, Gabonese Manganese ore was quoted at 63-65 RMB/tons of degree, and the price of South African high grade ferro-maganese was 42-43 RMB/tons of degree. The inventory of Maganese ore is about 2 million tons in Tianjin.The quantity of stock removal is 30000 tons per day. The  latest price of Silicon Maganese 6517 (including transport fee) is 9000 RMB/T by a steel plant. It is the same as the bidding price of Hebei Steel.

• [Editor:王可]