China's manganese ore prices climb to one-year high

China's manganese ore prices remained firm after the Chinese New Year holiday ended on February 23, with the price of South Africa-origin 36.5% grade manganese ore at North China's Tianjin port reaching Yuan 38.5/dmtu ($5.6/dmtu) including the 13% VAT on March 4, according to Mysteel's latest assessment. This represented an increase of Yuan 1.5/dmtu on week while also marking the highest price since March 14 2025.

Domestic manganese ore traders are trying to lift their offering prices, as the firming offers of major overseas miners are keeping their import costs high, Mysteel Global noted. For example, South32, the world's top manganese ore miner headquartered in Perth, Western Australia, has decided to raise its offering price for