China's manganese ore prices fall to 14-m low

China's manganese ore market extended its downtrend during the past week, with the price of South Africa-origin 36.5% grade manganese ore at North China's Tianjin port under Mysteel's assessment sitting at Yuan 32.8/dmtu ($4.9/dmtu) including the 13% VAT on August 11, slipping by Yuan 0.7/dmtu on week and recording the lowest since June 20 2025.

High inventories of manganese ore at China's major ports were considered one major reason for the persistent weakness in spot sales prices of this ore, Mysteel Global learned. As of August 6, the tonnage of manganese ore stocked at the Chinese ports monitored by Mysteel totaled 5.84 million tonnes, mounting