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Reuters reported that prices of ferromanganese are decreasing and a rally is not expected.
Reuters reported that prices of ferromanganese are decreasing and a rally is not expected.
As quoted in the market news:
Ferromanganese MNG-FERRO-LON fell to $1,150-$1,200 per tonne in the European spot market, down from $1,170-1,220 per tonne at the beginning of this month. The ferroalloy has lost over 15 percent of its value since the beginning of this year.
