Prices to keep falling in global market, especially Europe

摘要

August prices for Australian concentrate (46 Mn) have dropped by $0.35?0.37/dmtu, whereas those for the material (36?38 Mn) from South Africa and the material (43?45 Mn) from Gabon have jumped by $0?0.15/dmtu. Prices will be supported in China next month by the speculations over electricity sup? ply cutbacks in Inner Mongolia to come down by autumn. Local steel output will be cut amid lower margins. As a result, the surplus of manganese ore and alloys will become more acute in Asia and prices will roll back.