Fastmarkets will adjust the normalization calculation of its manganese ore high grade indices while keeping the same chemistry specifications and methodology.

Seaborne prices for high-grade manganese ore delivered to China fell sharply in the week to Friday August 16, in the wake of growing resistance from buyers to high prices, Hebei Steel’s cut in August alloy tender price and reduced downstream demand

Fastmarkets has decided not to proceed with the proposal to amend the chemical specifications of its high grade CIF and FOT Tianjin manganese ore indices.

The publication of Fastmarkets’ manganese ore seaborne indices for Friday July 26 was delayed due to an error. Fastmarkets’ pricing database has been updated.

Fastmarkets has corrected its MB-MNO-0001 manganese ore high grade index, cif Tianjin, $ per dmtu, which was published incorrectly on Friday July 12.

Fastmarkets proposes to amend the chemical specifications of its indices for high grade CIF and FOT Tianjin manganese ore.

After a consultation period which ended on Monday May 27, Fastmarkets has amended the chemical specifications and names of three 37% manganese ore price indices.

The suspension of South32’s manganese ore operations at Groote Eylandt Mining Co (GEMCO) in Australia has been changing demand patterns among manganese ore buyers in Asia and this will benefit other manganese ore miners, market participants said on Wednesday April 24

Fastmarkets proposes to amend the chemical specifications and names of its CIF, FOB and FOT 37% manganese ore indices.

Producing battery-grade manganese sulfate in China is “logical” even for non-Chinese companies, due to the country’s strong demand and cost competitiveness, according to the chief executive officer of emerging Australia-headquartered producer Firebird Metals