January 2015

MB NON-FERROUS PRICE CHANGES

The following MB non-ferrous free market prices changed on Friday January 30:

MANGANESE ORE INDEX: High-grade prices drop below $4 cif; miners slash offers

High-grade manganese ore prices slumped to fresh lows on Friday January 30 as suppliers slashed offers to entice buyers.

WEEK IN BRIEF: Production news; cuts; Al seminar; LME moves

Metal Bulletin editor Alex Harrison takes a look back at some of the key stories from the past week.

Indian SiMn producers struggle to compete in Europe on weaker euro

Indian silico-manganese producers are struggling to compete in Europe, as the weakening euro has enabled European producers' dollar-based offers to drop, sources told Metal Bulletin.

MANGANESE ORE INDEX: Low-grade prices hit multi-year lows on China credit squeeze [Corrected]

Low-grade manganese ore prices dropped to multi-years lows on Friday January 26, as China’s credit squeeze kept appetite for raw materials subdued.

Manganese ore shipments from Port Elizabeth face delays

Manganese ore shipments from South Africa could be delayed in the coming weeks due to extremely low port stocks and limited rail capacity, according to market sources.

MB NON-FERROUS PRICE CHANGES

The following MB non-ferrous free market prices changed on Friday January 23:

FACTS: China's ferro-alloys imports in December

Summary of China’s minor metals and ferro-alloys imports in December.

SPOTLIGHT: SA faces power outages, steep electricity rates in 2015 and beyond

After South African power utility Eskom announced in mid-January that load-shedding will be a part of daily life for at least the next three years, some companies said the really bad news is yet to come.

Brazil's veto on power contracts law affects Ferbasa, electro-intensive industries

Brazil’s government has vetoed parts of a provisional law that would allow the renewal of long-term energy contracts without alterations in tariffs and price adjustment criteria.