High carbon ferromanganese price trend in October
Linda Yang
Manufacturer of Calcium metal, Ferrochrome Nitride, also supply other ferroalloyAnyang Zhenxin metal CO.,LTD - SEO for Google
Ferromanganese?is an important alloy in Steelmaking and casting iron process. Ferromanganese can divided to High carbon ferromanganese, medium carbon ferromanganese and low carbon ferromanganese accroding to them carbon content. High carbon Ferroamanganese carbon content is about 7%-9%.
The Shape of Ferromanganese
Shape:Ferromanganese lump(block)
Appearance: The surface has a metallic luster. High density and high melting point
Main ingredients: Mn, C, S, P, Si
Zhenxin Metallurgical Ferromanganese Specifications
The uses of ferromanganese in steelmaking
Ferromanganese is mainly used as deoxidizer and alloy additive in steelmaking.
It can improve the hardness, strength and wear resistance of steel.
High carbon ferromanganese can be used as an additive to produce high manganese steel.
Zhenxin Metallurgical High Carbon Ferromanganese Manufacturer
Ferromanganese Samples: Free
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Ferromangannese MOQ: 10 tons
Ferromangannese Usage: Steelmaking
Ferromangannese lump Packing: bag on pallet, or as per customers’ requirement
Ferromangannese Size: 5-50mm, or as customers’ requirement
Post-holiday price trend of high carbon ferromanganese
After the National Day, the price trend of high carbon ferromanganese in the Chinese market is relatively stable, without much fluctuation.
The price of high carbon ferromanganese has been stable since the holiday, with higher spot quotations and less spot supply in the southern region. Most manufacturers’ quotations are the same as before the holiday, the market is mostly in a wait-and-see attitude, and the trading atmosphere needs to be further improved. Many steel mills have completed advance purchases before the holiday, which makes the short-term demand growth after the holiday relatively limited.
?Manganese ore is the main raw material of high-carbon ferromanganese. During the National Day, the manganese ore market operated in a consolidated manner and the price was relatively stable. The price at Tianjin Port remains stable, with the mainstream price of semi-carbonate remaining at around 31.5 yuan/ton, the Australian block price is 38.5-39 yuan/ton, and the Gabon price is around 38 yuan/ton. The stability of manganese ore costs has supported the price of high-carbon ferromanganese to a certain extent.
3.Industry expectations:
The northern region is mostly waiting to see the wind vane steel bidding that has not yet started this month. The market’s expectations for the steel bidding will affect the price trend of high carbon ferromanganese to a certain extent. If the steel bidding price is high, it may drive up the price of high-carbon ferromanganese; conversely, if the steel bidding price is not ideal, market confidence may be frustrated and prices will face certain pressure.
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