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Furthermore, exchange rates fluctuation frequently also aggravates market potential risk. In fact, it is well known that Renminbi depreciation will increase production cost in importing manganese ore.

Furthermore, exchange rates fluctuation frequently also aggravates market potential risk. In fact, it is well known that Renminbi depreciation will increase production cost in importing manganese ore.

[Ferro-Alloys.com] This week, poor sale and high stockpiles are blamed mainly for further downturn on imported manganese ore spot prices in China.

[Ferro-Alloys.com] Since oversupply for steel market in China has yet to change in short term, operation rates for manganese alloys showed hard to pick up which led directly to flat demand on imported manganese ore market. Furthermore, manganese ore huge stock...

[Ferro-Alloys.com] This week, poor sale and high stockpiles are blamed mainly for further downturn on imported manganese ore spot prices in China.

As slipping into mid-January, it seems that downtrend for manganese ore spot prices still fail to stop given gloomy market demand.