Manganese ore inventories at the main Chinese ports of Tianjin and Qinzhou were originally published at 357 million-370 million tonnes. This has been corrected to 3.57 million-3.70 million tonnes. Chrome ore inventories at the main ports of Tianjin, Qinzhou, Lianyungang and Shanghai were originally published at 2.95 million tonnes. This has been corrected to 2.69 […]

Fastmarkets wishes to clarify details around the following aspects of the pricing calendar for its MB-MNO-0002 manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth. Fastmarkets will publish the MB-MNO-0002 manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth, on Tuesday April 22 as a replacement for publication on the UK Good Friday public holiday […]

The trade logs were missing a reference to a deal heard second-hand at $3.90 per dmtu during the session. The trade logs for manganese ore semi carbonate index, 36.5% Mn, fob Port Elizabeth, and manganese ore semi carbonate index, 36.5% Mn, cif Tianjin, have both been updated to read:“Deals were heard second hand at $3.90-4.05 per dmtu.” […]

China’s manganese ore port stocks dropped to a six-year low in early March, driven by tightening global supply and stronger-than-expected demand in recent months, market sources have told Fastmarkets.

The US has the opportunity to be self-reliant on manganese for use in batteries once South32’s Hermosa project is up and running, the president of Hermosa told Fastmarkets.

The publication of Fastmarkets’ manganese ore seaborne indices for Friday January 31 was delayed due to additional analysis of data. Fastmarkets’ pricing database has been updated.

Fastmarkets is amending its holiday pricing schedule for 15 China ferrous prices in 2025.

Ferro-alloys markets will continue to be under pressure next year, but there are hopes of a market recovery due to improved steel demand, Fastmarkets ferro-alloys analyst Emre Uzun told delegates at the 40th international ferro-alloys conference held in Istanbul, Turkey on November 10-12.

Fastmarkets invited feedback from the industry on the pricing methodology for its International Organization of Securities Commissions (IOSCO)-audited non-ferrous metals, via an open consultation process between October 8 and November 7, 2024. This consultation was done as part of our published annual methodology review process.

Prices for seaborne high-grade manganese ore have plunged in October 2024, with producers announcing cuts to production and exports amid poor levels of purchasing in China But the most recent price drop was merely the latest dramatic move in a period of increased volatility, following the suspension of operations at South32’s Groote Eylandt Mining Co […]