Tag: China: Silico manganese prices edges lower amid weak demand and persistent cost pressure

Raw material pressure continues to persist Steel demand remains weak and cautious Chinese silico manganese prices (Mn 65%, Si 17%) edged down w-o-w by RMB 50/t ($7/t) to RMB 5,630-5,970/t ($830-880/t) exw. The market maintained a weak but relatively resilient trend, as tightening supply from production restrictions and maintenance shutdowns offset subdued downstream demand. While…