Tag: China: Silico manganese prices inches down on poor market sentiments

CBC: Silico manganese prices continued its downtrend w-o-w. Prices (Mn: 65%; Si: 17%) dropped by RMB 140/tonne ($20/t) to RMB 6,020- 6,410/t ($845-$900/t) ex-works, including taxes. Prices declined amid weak market sentiment and sluggish transaction activity. Some sellers did panic selling which led to lowering prices to move inventory. However, steel procurement remained uncertain, and…