HBIS floats tender for purchase of 15,830t silicomanganese in Feb ’21

Hebei Iron and Steel Group, one of the largest steel companies in China has floated a tender for the procurement of 15,830 t silicomanganese in Feb ’21, at RMB 7,400/t. In January, the tender was awarded at RMB 7,150/t. The quantity needed for Feb ’21 is down 10,070t m-o-m in line with the upcoming New Year holidays in China