High-carbon Ferrochrome Stagnant Market is Difficult to Active

          A steel mill in East China first to finalize the tender price of ferromanganese in March, high carbon ferromanganese tender price to finalize at 6,000 yuan / ton, carbon ferromanganese tender price fell below the million marks. Leading the current decline in the ferromanganese market is drop more chaotic. Today's high-carbon ferromanganese market is difficult to active, most of the manganese plant to lower the offer, 65 # high manganese factory offer cash tax 5800-6200 yuan / ton range, 75 # high manganese factory offer cash tax included 7000-7200 yuan / ton.
          Yesterday afternoon, to finalize a steel mills in East China March ferromanganese and silicon manganese tender price, ferromanganese industry said that the tender price is basically within the expected, but the purchase amount is too small. It is visibly that March steel factory purchase volume has not yet fully returned to normal. There are many industry insiders said: March silicon manganese steel bidding price set at 5550-5900 yuan / ton range, and high-carbon ferromanganese steel prices are still a large gap, and according to the current high-carbon ferromanganese market point of view. Late high-carbon ferromanganese steel strokes are still likely to continue to fall, below 6,000 yuan mark just around the corner. At present, high-carbon ferromanganese manufacturers offer a mess, there are some manganese plant 65 # high manganese foreign offer has been reduced to 5800-6000 yuan / ton, and there are individual manganese plant due to high and low cost of production costs lower prices lower offer is willing to lower, is now 65 # high manganese foreign offer is still steady at 6200 yuan / ton. There are individual manganese plant temporarily wait and see the market, temporarily foreign offer, static and other large steel mills in the north to start a new round tender.