Tag: silico manganese prices remain stable despite weak stainless steel demand
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China: Silico manganese prices hold firm w-o-w despite sluggish downstream demand
Weak downstream demand curbs market momentum ZCE futures decline by RMB 176/t ($24/t) w-o-w CBC: Chinese silico manganese (Mn: 65%, Si: 17%) prices remained stable w-o-w to RMB 5,680-5,950/t ($788-$826/t) exw, including taxes. Silico manganese prices remained stable, supported by firm ore costs and limited supply. However, weak demand and cautious steel procurement continue to…