China's manganese ore prices keep stable overall

China's manganese ore prices remained steady during December 3-9, with the price of South Africa-origin 36.5% grade manganese ore at North China's Tianjin port under Mysteel's assessment standing at Yuan 34.2/dmtu ($4.8/dmtu) including the 13% VAT on December 9, dipping by just Yuan 0.1/dmtu on week.

High-priced manganese ore struggled to find buyers this week. Many manganese alloy smelters chose to stay on the sidelines to monitor the market changes or just purchased some ore to fulfil their immediate needs, with both strategies putting pressure on ore prices, Mysteel Global learned. Inventories of manganese ore at