September 2019

World silico-manganese supply jumps 21% year on year in August

Global supplies of silico-manganese rose by 21% year-on-year in August to 1.63 million tonnes, according to the latest data from the International Manganese Institute (IMnI).

GLOBAL MANGANESE WRAP: Ore prices fall further amid weak demand, alloy prices soften in Europe, China

Manganese ore producers reduced their offer prices to attract business in the week ended Friday September 27 after buyers either delayed or cut their bids prior to China’s week-long National Day holiday (October 1-7).

World manganese ore supply up 2% to 1.85mln tonnes in August

World manganese ore supply rose 2% year on year in August to 1.85 million tonnes of manganese units, according to the latest data from the International Manganese Institute (IMnI).

PRICING NOTICE: Correction to Fastmarkets’ manganese ore 44% cif China index calculation, pricing rationale

Fastmarkets has corrected its manganese ore 44% index cif China calculation for Friday September 27 and published pricing rationale, which had been published incorrectly due to an editorial error, while the index number remains the same.

PRICING NOTICE: Delayed publication of manganese ore indices

Fastmarkets published its weekly manganese ore indices 30 minutes later than scheduled on Friday September 27 due to technical problems.

Hebei Steel slashes October SiMn tender price by $56/t

Hebei Steel, China’s second largest steel mill, has announced its purchase price for silico-manganese at 7,300 yuan ($1,025) per tonne for October delivery, down by 400 yuan per tonne from its September tender price, market sources told Fastmarkets.

FASTMARKETS NON-FERROUS PRICE CHANGES 27/09: Noble alloys, bulk alloys & ores

The following Fastmarkets noble alloys, bulk alloys and ores prices changed on Friday September 27:

BATTERY RAW MATERIALS MARKET REPORT 27/09: Cobal sulfate prices continue to rise, sellers absorb higher raw materials prices

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

IN CASE YOU MISSED IT: 5 key stories from September 26

Here are five Fastmarkets MB stories you might have missed on Thursday September 26 that are worth another look.

Bootu Creek Q3 manganese ore output down by 103,000 tonnes after fatality

Mining and metallurgical group OM Holdings has warned that third-quarter manganese ore production at its Bootu Creek mine in Australia’s Northern Territory will drop by 103,000 tonnes following a fatality in August.