July 2019

Jump in freight rates erodes margins on manganese ore shipments

A sharp increase in global freight rates over the past seven to 10 days has eroded margins at manganese ore market participants and caused shipments to be postponed, sources told Fastmarkets.

IN CASE YOU MISSED IT: 5 key stories from July 8

Here are five Fastmarkets MB stories you might have missed on Monday July 8 that are worth another look.

GLOBAL MANGANESE WRAP: Silico-manganese market in China supports 37% ore prices

A higher tender price for silico-manganese in China for July improved sentiment and increased prices for low-grade manganese ore in the week ended on Friday July 5.

BATTERY RAW MATERIALS MARKET REPORT 05/07: Cobalt metal prices slip to 32-month low

An overview of the battery raw materials markets and their latest price moves.

FASTMARKETS NON-FERROUS PRICE CHANGES 05/07: Noble alloys, bulk alloys & ores

The following Fastmarkets noble alloys, bulk alloys and ores prices changed on Friday July 5:

South African manganese ore exports up 8% in H1 but pace of increase slowed

Growth in South African manganese ore exports continued to slow in the first six months of 2019, shipping data shows.

China Hebei Steel’s monthly purchase price for SiMn up nearly 4% for July

China’s Hebei Steel raised its purchase price for silico-manganese alloys to 7,900 yuan ($1,150) per tonne for July delivery, up 3.9% from 7,600 yuan per tonne for June, market sources told Fastmarkets.

GLOBAL MANGANESE WRAP: Low-grade ore prices change direction amid rising port, alloy prices

The seaborne market for low-grade manganese ore has recorded its first increase since April 5, supported by rising port prices and strength downstream.