Author: Vivek Prasad
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Are Chinese Silico Manganese Prices Edging Downwards?
The Silico Manganese producers in China are gradually accepting lower prices following the finalization of the new tender by the major Chinese steel companies. Considering the new tender price for Silico Manganese in China at RMB 9,200/MT (USD 1340/MT) vis-à-vis the expectation of RMB 9,300-9,400/MT (USD 1354-1369/MT), the sentiment of the market participants towards the…