Australia: South 32 raises July’21 offers to China on hike in manganese alloys prices

Major manganese ore miner South 32 has increased prices for July’21 shipments owing to rising manganese alloys prices, as per latest reports. Current offers to China increased by $0.24/dmtu ($10.8/t) to $5.28/dmtu ($237.6/t) for Mn 45% Australian block. The hike in prices can be attributed to increased manganese alloys prices and sustained disruption in shipments.