Manganese Ore prices unlikely to correct soon

Manganese ore prices has already come down to bottom, we don’t expect any further fall down in the prices said Indian traders.


90% of manganese ore is consumed in steel production only, so naturally there will be pressure on the prices of the manganese if there is a slowdown in production of steel.


However, steel prices are inching up and most likely manganese ore prices will follow the same pattern.


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