Steel Guru reports that medium and small scale manganese mines in Hunan will stop production for a time for environmental protection.
With the Olympic Games in Beijing coming, control policies on ore mines have become more and more strict and will be carried out directly by provincial departments. Medium and small manganese ore enterprises have to stop production for at least two years.
At present, manganese ore supply is tense in Hunan, with small stock held in factories. As there are relatively large amounts of imported manganese ores, the stock held in ports will be increased, which will lessen the difference between domestic manganese ore supply and demand. It is also predicted that the price of manganese ore will remain firm.
Source: Steel Guru
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