Mar. 17, 2025: Silicon Manganese Latest News
Mar 17, 2025
Leave a message
Mar. 17, 2025: Silicon Manganese Latest News(7126, -152.00, -2.09%) : mainstream steel pricing, supply and demand margin improvement, but the manganese mine end support is slightly loose, silicon manganese is still mainly shaken in the short term. This week's silicon manganese futures price trend is relatively weak, this week's mainstream steel pricing, silicon manganese in March 6400CNY/ ton acceptance including tax to the factory, compared with February fell 100CNY/ ton, the number of silicon manganese purchased in March 11,000 tons, down 500 tons, steel is still ongoing. Manganese mine point of view, recently overseas to China in April manganese mine offer is basically flat, South32 in April South Africa semi-carbonated block (typical value Mn36.9%) offer 4.65 US dollars/ton, NMTApril Mn36% (minimum value) South Africa block reported 4.5 US dollars/ton. The port manganese ore inventory is still at the historical low level in the same period, but the shipment and subsequent arrivals in the port in the second quarter are expected to increase, and the port manganese ore price is slightly loosened. As of March 14, the aggregate price of the Australian ore Mn45% is about 49CNY/ ton, which is flat on a week-on-week basis, and the aggregate price of the Gabon block Mn44.5% is 48CNY/ ton, which is slightly down by 0.5CNY/ ton on a week-on-week basis. South Africa semi-carbonated block Mn36.5% summary price of about 38 yuan/ton, week on week down 0.5CNY/ ton. From the perspective of supply and demand, the weekly production of silicon manganese increased slightly from the previous quarter, as of March 14, the weekly production of silicon manganese was 206,36 tons, an increase of 0.55% from the previous week, the weekly demand for silicon manganese sample steel mills continued to increase, up 2.72% from the previous week, which is now higher than the level of the same period last year, but in absolute terms, it is still at a low level in the same period in history. The inventory of sample enterprises increased quarter-on-quarter, as of March 14, the inventory of 63 silicon manganese sample enterprises was 133,100 tons, an increase of 16,600 tons quarter-on-quarter, but it is understood that the surplus is relatively limited. In general, the manganese mine end support is slightly loose, the supply and demand level data is marginal improvement, but the actual driving force is still relatively limited, the silicon manganese price lacks trend drive, and it is expected that short-term interval fluctuation is mainly.
If you are interested, please contact us below.
