Businesses of Mn-based alloys originated from China
either at home or abroad are not active.
As to domestic market, mainstream price of 6517# SiMn alloys is RMB5400-5500 or so. There are manufacturers to offer RMB5800/ton, while also some producers’ offers are lowered to RMB5200/ton. By the same token, price gap of
75# H/C FeMn is large: price of 75# H/C FeMn originated from Hunan Ex works with tax is RMB6200-6400/ton, while it is RMB5800-5900/ton originated from Yunnan. Offer of 6517# in export market is USD620-650/ton FOB CMP, and 75# H/C FeMn is USD635-675/MT FOB CMP.However, dealing is rare.
The large gap between different offers is caused by unprosperous demand in the market. In addition, most producers offer cost price. As electricity fee, mineral resources, and coke etc are different, the cost price differs. Low price at home is because of macro-control to metallurgical industry as well as soft demand from steelworks. Export market at a low ebb is affected by negative news that the state is to increase export duty, as well as heavy stocks in international market. As competition in international market is intense, demand at home is not strong, and production cost is kept up, it is predicted that future market of SiMn will fluctuate and adjust based on them.
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