Asian manganese ore mkt stable, lacking direction

摘要

The price of seaborne manganese ore bound for Asia remained stable Thursday due to largely muted trading activity. The Platts 44% Mn ore assessment was unchanged at $4.85/dry mt unit CIF Tianjin. Opinion on the future direction of man-ganese alloy and ore prices after China's National Day holiday was divided. One alloys producer in Inner Mongolia remained upbeat about demand for manganese ore, which he said was likely to firm as steel buyers return to the market.