Hebei Iron and Steel (HBIS) Group floated a tender for procuring 14,100 t of silico manganese (65-17) for Jul’24. The price is down 3% m-o-m. Bids for Jul’24 delivery are at RMB 7,650/t ($1,052/t), down RMB 770/t ($106/t) m-o-m. All prices include taxes and freight. Silico manganese (65-17, 25-150 mm) spot prices as on 9 Jul’24 were at RMB 7,355/t ($1,011/t) exw-Inner Mongolia.
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