Silicomanganese market keep depressing, and transaction volume doesn’t increase. Steel mill purchase is not enough to support silicomanganese market, because demand motivation is not strong. Large steel mills has already significantly raised steel products price to balance the rising cost caused by iron ore. in May, so there is no more space for the price to go up. Besides, it’s said iron ore. price will increase 32% in the third quarter, and steel mills will say there is no interest again. At that time, there will be press policies for upstream ferroalloy manufacturers. Outvol price of imported manganese ore continue significantly rising. SiMn market is attacked from upstream and downstream, so it’s very gloomy.

At present, SiMn(Si65Mn17) mainstream market price is between 8200-8500yuan RMB/ton, while, influenced by cost factors, price in north area is higher than south area. Quotation price in Mongolia reached as high as 8700yuan/ton, while in Guangxi province and Yunnan province, quotation price is 8000yuan/ton because the electric charge was reduced. Si60Mn14 quotation prices concentrate between 7000-7200yuan/ton, which is slightly reduced in some area.