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India: South African Feb Carbonate Ore Price Up 7% MoM

Manganese ore prices in India remained stable W-o-W amidst low transactions at the ports. Indian Silico Manganese and Ferro Manganese market are continuously under pressure with limited transactions, which has clogged the growth of Manganese Ore prices from South Africa. The prices have also been affected by the pessimistic sentiments from China.
The imported Manganese ore prices in February remained on the higher side after a major steel mill in China, Hebei Steel, increased their Silico Manganese purchase price for February by RMB 600/MT (USD 85.70/MT). The offered prices for the Indian imports are as understated: Chinese Market Logistics still remain affected by epidemic management, so the transactions remained

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