November 2023

Strengthening Chinese currency adds liquidity in seaborne manganese ore market; freight rates rise

Prices for higher-grade and lower-grade manganese ore to China softened in the week to Friday November 24 while liquidity increased amid a strengthening exchange rate of Chinese yuan against US dollars, despite elevated freight rates.

Manganese ore analytics for November 21-27 2023

The latest data for the global manganese ore market for the week ended Monday November 27, 2023.

China’s ferro-alloys markets largely positive over property stimulus plans

There was active trading in ferro-alloys in China in the week ended Friday November 24 following upbeat sentiment for construction after news that the country’s authorities will be whitelisting financing for certain property developers.

Steelmakers focus on traceability, ESG, sustainability of supply in ferro-alloys: IFA 2023

Traceability, security of supply and environmental, social and governance (ESG) concerns are among the issues at the top of steelmakers’ minds when it comes to purchasing ferro-alloys, panelists told delegates at Fastmarkets’ 39th International Ferroalloys (IFA) conference in Prague, Czech Republic, on Tuesday November 21.

Potential for CBAM scams, expert warns: IFA 2023

The European Union’s implementation of its Carbon Border Adjustment Mechanism (CBAM) could lead to increasing instances of fraud, an expert warned at Fastmarkets’ ferro-alloys conference in Prague.

LL Resources signs 20,000-tonne FeSi offtake deal with Baku Steel: IFA 2023 [corrected]

A correction has been issued for this report.

Six things we have learnt in Prague: IFA 2023

Fastmarkets rounds up the key points learnt so far at the 39th International Ferro-alloys Conference in Prague, running November 19-21.

Challenges, opportunities for greener manganese alloy production: IFA 2023

The complete eradication of carbon emissions from manganese alloy production is likely to be “impossible” because the smelting process relies on carbon-heavy reductants such as coal or coke, panelists said at Fastmarkets’ 39th International Ferroalloys Conference in Prague on Monday November 20.

Chinese seaborne manganese ore prices fall further amid bearish sentiment

Prices of seaborne manganese ore to China fell further during the week to Friday November 17, amid growing bearish sentiment among market participants, including some miners, traders and smelters, sources said.

Manganese ore analytics for November 14-20, 2023

The latest data for the global manganese ore market for the week ended Monday November 20, 2023.