China’s new silico-manganese smelters keeping manganese ore market balanced

摘要

New Chinese silico-manganese projects entering production in the fourth quarter of 2018 are supporting manganese ore demand and helping to keep the market in balance amid high import volumes from countries including South Africa, market sources said.Four new projects coming on stream this quarter will add about 2 million tonnes of manganese alloy to China’s domestic market over the coming months, Fastmarkets MB understands.These smelters are already buying feedstock, which has helped to support prices in recent weeks, sources said.