April 2019

Ghana's soaring manganese ore output boosts competition in alloy raw materials market

A sharp increase in manganese ore production from Ghana since early last year has led to increasing volumes of the ore being sold as raw material for China’s manganese alloy market, in addition to its traditional application, manganese metal, market sources told Fastmarkets.

GLOBAL MANGANESE WRAP: China ore prices slide after May purchasing; alloy market awaits tender cut

Manganese alloy prices decrease again in China amid thin buying and deteriorating sentiment over rising stocks, Fastmarkets learned.

Hebei Steel cuts silico-manganese May purchase price, increases purchase volumes

Hebei Steel, China’s largest steel mill, has cut its monthly purchase price for silico-manganese by 250 yuan per tonne from April to 7,600 yuan per tonne for May delivery, market participants told Fastmarkets on Tuesday April 30.

Eramet record Q1 manganese output, higher sales value buck lower price trend

Eramet increased its manganese output by 14% year on year in the first quarter of 2019, while also increasing sales volumes by 7% despite lower prices, the French mining and metallurgical group said on Thursday April 25.

BATTERY RAW MATERIALS MARKET REPORT 26/04: Cobalt sulfate price under pressure from weak demand, confidence in supply

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

PRICING NOTICE: Correction to Fastmarkets’ 37% and 44% manganese ore indices rationales

Fastmarkets MB has corrected the rationales for its 37% and 44% manganese ore cif Tianjin indices, which were published incorrectly on April 26 due to a reporter error.

FASTMARKETS NON-FERROUS PRICE CHANGES 26/04: Noble alloys, bulk alloys & ores

The following Fastmarkets noble alloys, bulk alloys and ores prices changed on Friday April 26:

IN CASE YOU MISSED IT: 5 key stories from April 24

Here are five Fastmarkets MB stories you might have missed on Wednesday April 24 that are worth another look.

OM Manganese agrees to pay up to $5 mln for mineral rights jv

OM Manganese will spend as much as A$7.3 million ($5.2 million) to establish a manganese ore joint venture in Western Australia with copper-gold-manganese explorer Bryah Resources.

GLOBAL MANGANESE ORE SNAPSHOT: High-grade ore prices drop amid indications of softer demand

Key data from the pricing session for the period ended Tuesday April 23.