October 2016

Chinese silico-manganese prices continue upward trajectory on boosted ore price

Continued rises in Chinese silico-manganese prices have been mainly attributed to sharp increases in costs for the raw material, manganese ore.

MB NON-FERROUS PRICE CHANGES 28/10: Noble alloys, bulk alloys & ores

The following Metal Bulletin noble alloys, bulk alloys and ores prices changed on Friday October 28:

OM Materials restarts manganese smelter in Qinzhou, China

OM Materials Qinzhou (OMQ), a subsidiary of OM Holdings, has restarted its ferro-manganese smelter located in China’s Guangxi province after a one-year shutdown, the company said on Wednesday October 26.

Traders take profit on ‘manganese ore arbitrage’ at Chinese ports

Traders in China are starting to take profits after building an arbitrage between seaborne manganese ore prices and spot prices in Chinese ports, which has led to port prices rising to more than double the price of fresh material offered by miners.

MANGANESE ORE INDEX: 'Either this thing crashes or it goes to $10'

Manganese ore prices continued rising on Friday October 21 on ever higher offers from miners and continued strong demand from China.

IN FIGURES: China’s ferro-alloys imports in September

Summary of China’s ferro-alloys imports in September.

MB NON-FERROUS PRICE CHANGES: 21/10 Noble alloys, bulk alloys & ores

The following Metal Bulletin noble alloys, bulk alloys and ores prices changed on Friday October 21:

Vale's manganese ore production flat in Q3

Vale produced 642,000 tonnes of manganese ore in the third quarter of 2016, nearly unchanged from a year earlier, the Brazilian diversified miner said on Thursday October 20.

Vale's ferro-alloys production up in Q3; Ouro Preto plant remains shut

Vale’s ferro-alloys production grew 68.5% in the third quarter from a year earlier, reflecting the resuming of activities at its Barbacena plant in Brazil.

Mexico puts definitive anti-dumping duties on Indian ferro-silico-manganese

Mexico’s government has imposed definitive anti-dumping duties on ferro-silico-manganese imports from India, the country’s economy secretariat said on Tuesday October 18.