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Falling demand reverses UG2 chrome ore price rally.

This week, the domestic ferrosilicon market continued to operate at a high level.

The prices of manganese Ore in past week met some new situation. Semi carbonated Mn Ore is sliding but other Mn ore is growing slowly. why prices were different in same market ?;;;

The 2109 silicomanganese contract price on ZCE closed at 7894 yuan per ton on August 9.

The 2109 ferrosilicon contract price on ZCE closed at 8,904 yuan per ton on August 9.

Since this week, most domestic steel prices have risen, but the downstream demand has not recovered.

The domestic ferrosilicon spot market was in good mood in July.

In a bid to strengthen the sector's resource support capability, using iron ore resources in China to raise the self-sufficiency of iron ore in China will be a key task, said Shen Bin.