India: Imported Mn ore prices dip on buyer resistance, Australian grades firm

Source: Steelmint Jun 18, 2024 10:00

Drop in manganese alloys demand hits ore inflow. Arrivals of imported ore cargo fall 22% w-o-w.

Imported manganese ore prices dipped this week due to weak demand for the high-priced variety. Buyers were hesitant to commit at current levels, leading to a softening in prices. Gabonese high-grade manganese ore (44%) was priced at $8.40/dmtu, down by $0.20/dmtu due to weak demand for high-grade manganese alloys. Australian high-grade