HBIS Group has reduced its silico manganese tender prices by RMB 100/t ($14/t) to RMB 7,350/t ($1,013/t) for November 2022 deliveries. However, the purchase volume has increased by 1,100 t m-o-m to 18,400 t for this month. The spot price of silico manganese (65-17 grade) in China stood at RMB 6,975/t ($961/t) exw-Guizhou and RMB 7,200/t ($992/t) exw-Inner Mongolia, as per SteelMint assessment on 1 November 2022.
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