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WEEKLY: China's SiMn output rebounds, prices soften

ABSTRACT

Chinese silicomanganese output among 121 domestic smelters under Mysteel's regular survey reversed up during the past week, with the tonnage averaging 29,710 tonnes/day over April 29-May 5, higher by 880 t/d from the previous week. The sampled smelters account for almost all of China's SiMn smelting capacity.
Some SiMn smelters resumed production last week after completing the maintenance, though their profit margins had been squeezed by weakened SiMn prices yet high smelting costs, Mysteel Global noted.   As of May 7, the national price of 6517 SiMn was assessed by Mysteel at Yuan 8,410/tonne ($1,251/t) EXW and including the

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