Manganese Flake Prices Up $20 After Flooding in China

Metal Bulletin reported that “severe flooding” in Southern China disrupted manganese flake shipments from the country, pushing prices for the material up by $20.

As quoted in the market news:

While demand in the European market was static, traders were raising their offers in line with a jump in prices for shipment material after heavy storms hit Hunan, a manganese production hub. There were also unconfirmed reports that the flooding had destroyed a manganese mine in Huayuan county in Hunan.

Click here to read the full Metal Bulletin report.