China's manganese ore prices weaken further

Manganese ore prices in China slipped again during the week of April 22-28, undermined by the cautious sentiment of buyers and the weakness of manganese alloy prices, Mysteel Global learned.

On April 28, Mysteel assessed the price of South Africa-origin 36.5% grade manganese ore at North China's Tianjin port at Yuan 40/dmtu ($5.9/dmtu) including the 13% VAT, easing by a tiny Yuan 0.5/dmtu from one week before. Transactions involving manganese ore in the physical market remained dull, as alloy smelters were