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[Ferro-Alloys.com] China electrolytic manganese prices began to stable after a sharp down last week. At present, the current prices were offered at RMB13,400-13,500/mt, which had decreased by RMB500 vs RMB13,900-14,000/mt at the beginning of Mar.

 

Since the steel market was kept in depressing situation and the rare demand, market traders dared not change quotations, and they were unwilling to sell at cost-line price, the market prices began to become flat since the weekend of last week. Meanwhile, China steel mills’ bids were coming at the end of this month, and market players were taken a wait-and-see attitude on the flowing week gradually. It was predicted that the domestic electrolytic manganese 99.7% might keep stable this week.

 

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