[Ferro-Alloys.com]It seems that Chinese manganese alloy market kept calm in the wake of traditional week-long holiday with few transactions can be done in spot market. Silicon manganese 6517 is now still focusing on 5,600-5,700/mt in north area and RMB5,900-6,000/mt in south. High carbon ferromanganese 65 is currently concentrating on RMB5,000-5,200/mt. Medium carbon ferromanganese 78C1.5 is standing at RMB8,8700-8,800/mt. Low carbon ferromanganese 80C07 is lingering about RMB9,000-9,200/mt.

In short, given Spring Fesitival celebration, operation rates for manganese alloy in Feb maintained at low level. However, since HBIS still have strong desire to further cut on manganese alloy, it is estimated that the future market of manganese alloy would be still disturbing.

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• [Editor:Sophie]