Major Chinese steelmaker HBIS Group has lowered its silico manganese tender prices by RMB 50/t ($7/t) to RMB 7,350/t ($1,057/t) for Sept’22 deliveries. The spot price of silico manganese (65-17 grade) in China stand at RMB 7,250/t ($1,042/t) exw-Guizhou and RMB 7,075/t ($1,017/t) exw-Inner Mongolia, as per SteelMint assessment on 8 Sept’22.
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