Chinese Manganese Ore Prices Steady Today

Metal Bulletin reported that Chinese manganese ore prices stayed steady today “as large miners held offers and buyers waited for direction.”

As quoted in the market news:

The Metal Bulletin index price for 38% manganese ore, fob Port Elizabeth, rolled over at $3.06 per dmtu. Metal Bulletin’s index price for 44% manganese ore, cif Tianjin rolled over at $4.24 per dmtu. Prices have been falling for weeks amid ample port inventory in China and aggressive offering by producers.

Click here to read the full Metal Bulletin report.