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WEEKLY: Better sentiment boosts China's SiMn prices

ABSTRACT

Chinese silicomanganese prices strengthened further over the past week as domestic market sentiment firmed on news of transportation disruptions nationwide and energy controls among smelters in North China's Inner Mongolia, Mysteel Global learned.
As of January 14, the national price of 6517 SiMn was assessed by Mysteel at Yuan 8,144/tonne ($1,283/t) EXW and including the 13% VAT, gaining Yuan 218/t on week and hitting the highest since November 29.   Transportation via trucks in North China's municipality of Tianjin is under pressure as the government

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