The market price of Chinese electrolytic manganese metal is continuing to rebound and many Chinese plants are resuming production.
According to a market source, 10 to 20 plants have recently returned to production. as steel mills in China to seek to replenish their stocks.
The export price of electrolytic manganese metal reached USD 2,750 to USD 2,800 per tonne FOB China, having risen by USD 700 per tonne compared with the price in early November.
However, with production resuming, supply has loosened, nevertheless, some Chinese producers are offering electrolytic manganese metal at higher prices of USD 2,800 to USD 3,000 per tonne FOB China.
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