Better market sentiment boosts China's manganese ore prices

China's manganese ore prices continued firming during the period of August 19-25, with the price of South Africa-origin 36.5% grade manganese ore at North China's Tianjin port under Mysteel's assessment standing at Yuan 34/dmtu ($5.1/dmtu) including the 13% VAT on Tuesday, increasing by Yuan 0.8/dmtu from the previous week.

Sentiment in the domestic market has improved recently, and many Chinese manganese ore traders refused to sell when prices were below their expectations, Mysteel Global learned. Meanwhile, prices of manganese alloys have also been firm recently, lending some support to the market for Mn ore. On August 25, Mysteel assessed the