China's manganese ore prices remain firm

China's manganese ore prices stayed firm over November 12-18, with Mysteel assessing that of South Africa-origin 36.5% grade manganese ore at North China's Tianjin port at Yuan 34.3/dmtu ($4.8/dmtu) including the 13% VAT on November 18, unchanged from the previous week.

Chinese manganese ore traders refused to make any price concessions when negotiating with their customers among the country's manganese alloy producers, arguing that as the offers of major overseas mines remained firm, so their import costs were still high, Mysteel Global learned. Meanwhile, as the volume of manganese ore delivered