China's manganese ore prices keep rangebound

China's manganese ore prices fluctuated slightly during January 28-February 3, with the price of South Africa-origin 36.5% grade manganese ore at North China's Tianjin port under Mysteel's assessment reaching Yuan 36.2/dmtu ($5.2/dmtu) including the 13% VAT on February 3, the same level as one week before.

Chinese manganese ore traders refused to make more concessions in their offering prices as major overseas miners continued to raise their offers for manganese ore shipments to China in March, lifting the import costs of domestic traders, Mysteel Global noted. South32, the world's top manganese ore miner headquartered in Perth,