Tag: HBIS SiMn procurement quantity

China: HBIS silico manganese procurement down 12% m-o-m in Apr’24

Apr 8, 2024

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by

Anvita Pandey

in Silico Manganese

HBIS plans to procure 12,800 t of silico manganese in Apr’24 which is down by 12% m-o-m, against 14,500t in Mar’24. Procurement allocations across units have also been adjusted. Reasons for the decline are unclear but could involve reduced steel production or strategic inventory management.