HBIS Group’s ferro manganese tender price for Jan-Feb’22 stands at RMB 8,200/t ($1,286/t), an increase of RMB 200/t ($31/t) from the Dec price, with a purchasing volume of 26,600 t. The hike in the tender price is lower than expected. The spot price of ferro manganese (HC 65%) in China stands at RMB 7,550/t ($1,184/t) exw Henan.
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