Silicon Manganese Low Price Reluctance To Sell More Strong At The End Of The Month To Pay Close Attention To The Situation Of Steel

Yesterday, NMT issued a quotation for manganese ore in China in January 2024, and Mn36.5% South African semi-carbonated manganese ore quoted $3.5 / ton, down $0.05 / ton from the price in December 2023. Recently, the manganese ore market is weak and stable, and the fourth round of coke increasing pressure is getting stronger. However, overall, the pressure of silicon manganese enterprises is still more obvious (the Inner Mongolia region settlement price increase), coupled with the recent rise in freight and transport vehicles are difficult to find, and considering the winter storage expectations, the factory's low price reluctance to sell is strong, it is recommended to maintain the steel price at the end of the month.