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WEEKLY: China's SiMn prices soften, output higher

ABSTRACT

Chinese silicomanganese prices softened over the past week, with the national price of 6517 SiMn under Mysteel's assessment reaching Yuan 8,167/tonne ($1,213/t) EXW and including the 13% VAT as of June 10, losing Yuan 26/t from one week earlier.
Although the strength of ferrous futures markets allowed SiMn futures prices to recover somewhat last week, prices in the physical market remained depressed due to the low bid prices being tabled by steel producers and the higher output, Mysteel Global noted.   Over June 3-9, daily output of the ferroalloy among China's

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