This week high carbon ferromanganese continue to pick up in the low carbon ferromanganese large area closure
Affected by the South African mines shut down 21 days news this week, the domestic manganese markets continue to rally, including silicon manganese price rise gradually expanding, port spot ore prices also brewing rally, rised rotary header phenomenon obviously increased, under the drive, this week, including domestic carbon ferromanganese price also rose, though the actual demand is not too much to release, but manufacturer rotary header mood gradually strengthen, next week, the market may still be up.
This week, Shanxi Oriental Resources announced that it will stop production of another blast furnace from March 1, when its high carbon ferro-manganese production capacity will reach 50%, is expected to stop production for 3 months, is expected to improve the market supply and demand relationship to a certain extent.
And in, low carbon ferro manganese manufacturers from yesterday began to large area closed at sale, or indicates that the price is also expected to usher in a large wave of rebound, the market as a whole will be clear.
