China's manganese ore prices keep stable, sales slow

China's manganese ore prices maintained stable levels during January 21-27, with the price of South Africa-origin 36.5% grade manganese ore at North China's Tianjin port under Mysteel's assessment staying at Yuan 36.2/dmtu ($5.2/dmtu) including the 13% VAT on January 27, the same level as one week earlier.

Spot transactions of manganese ore in China have slowed recently, as many downstream alloy smelters have completed their restocking of this feed ore, Mysteel Global learned. Manganese ore inventories piled at China's major ports increased slightly in the past week, with the total tonnage at the ports monitored by Mysteel