Tag: Chinese silico manganese prices down by $41/t despite costlier raw material prices

The silico manganese market in China remained dull w-o-w, with prices (Mn: 65%; Si: 17%) moving down by RMB 300/t ($41/t) to RMB 7,040- 7,340/t ($969-$1,010/t). Factors driving the market Strong raw material prices: The manganese ore market remained strong with high prices which provided cost support to silicon manganese alloys. The railway track between…