SunSirs: Silicomanganese Spot Prices May Continue to Be Weak
Price trendOn November 4, the prices of domestic silicomanganese (FeMN68Si18) from mainstream manufacturers in Ningxia were quoted at 9,900-10,300 RMB/ton.Analysis reviewRecently, the market demand is not good, and the number of tenders for steel mills has decreased. On the 3rd, Hebei Iron and Steel Group announced the first round of silicomanganese inquiry price in November:…