subject: Ferromanganese Market Stability In Europe, Or See The Short Term Gains [print this page] High-carbon ferromanganese prices over the past few weeks Europe was stable, and the price is always at 1100 euros / tonne hovering around the market slow, most of the negotiated and signed in the next business quarter orders.
Traders said the current quarter, including Europe, ferromanganese and ferrosilicon alloys, including other bulk largely due to good demand price rebound.
This contrast, the Chinese ferrosilicon market price decline after a month,copper powder ( FCu ), after a recent start stable.It has been revealed by the Chinese government energy saving policy and the recent weak downstream demand, before some of the ferrosilicon plant shutdown does not intend to resume production, ferrosilicon production of short-term supply may be slightly tight.
One trader said: "In recent days the market is almost no turnover, many traders are on vacation, is expected to be returned to the city next week. The first quarter of next year, steel has the intention to expand production capacity,metal powder, so a few weeks the European market is very ferromanganese may be back on-line track. "
Lower overall production capacity in Europe, Northern Europe Southern Europe were more than ferromanganese demand.
Ferromanganese supply the next few weeks will occur in Europe shortage situation, it may then be imported from China. Due to the recent price rise, many Chinese smelters family was forced to stop production,copper powder ( FCu ) exporter, is expected to open the Spring Festival holiday after the restart.
75% of high-carbon ferromanganese prices in Europe currently in the 1080-1120 euro / ton, higher than the previous low-cost range of 20. Carbon ferromanganese prices in the 1650-1800 euro / ton,copper powder ( FCu ) price, lower low-carbon ferromanganese from 100 euros.
