Major manganese ore miner, South 32, has increased Australian manganese ore lumps (Mn 45%) prices by 2% m-o-m to $5.6/dmtu for Sept’21 shipments. On the other hand, South African semi-carbonated manganese ore prices are at $ 4.75/dmtu – down by $0.15/dmtu from Aug. The reason behind the hike in offers by South 32 is higher prices of Chinese manganese alloys due mainly to active production of crude steel in China, The consumption of manganese-based ferroalloys is also expected to be strong, according to sources.
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