Storms Take Toll on Manganese Exports from Port Hedland
Platts reported that manganese exports from Port Hedland fell by 93%.
Articles Tagged "manganese ore"
Daily Manganese Ore Price Assessment a First
Platts announced the addition of a daily manganese ore price assessment to its suite of price assessments.
Chinese Steel Production Down; Weak Manganese Prices Affect Miners’ Profitability
The price of manganese has been falling since October. As the price moves towards 2009 lows, the profitability of many high cost manganese producers is coming into question. If the miners reduce their output, prices may stabilize.
Butte Business Seeking Extension To Sell Manganese Ore
NBC Montana reported that a business in Butte has applied for an extension of its permit to sell piles of manganese ore.
Manganese Prices Reflect Economic Conditions
The price of manganese is a good barometer for the health of an economy primarily because of its use in steel, a prime component of infrastructure projects. The price has moved lower, but remains stable. Also, improvements to South African railways are planned to meet new demand from new, massive manganese projects.
Railing of Ore and Manganese
Railways Africa reported that Transnet is still looking at options to increase rail capacity to handle manganese shipments.
Manganese Prices Decrease in China on Excess Inventory
Prices for March delivery of manganese in China have slipped due to fierce competition and excess inventory. The ramp up in manganese production in 2010 seems to have hit a ceiling in the short term. However, long term outlook shows increased demand for the metal going forward.
Manganese Ore Price for China Shipment Remain Unchanged
Steel Guru discusses highlights of a recent TEX Report showing that the price of manganese ore for shipment to China in February has been settled between major manganese mines and main consumers in China.
Indian Steel Producers Aggressively Seek Raw Materials
While demand for steel is expected to cool off slightly in 2011, Indian steel manufactures are aggressively seeking raw material acquisitions such as manganese mines in South Africa. India hopes to increase steel production by 67 percent by 2012.
MOIL Said Likely to Sell Shares at Top of Range in India IPO
Bloomberg reports that MOIL Ltd., India’s largest producer of manganese ore, is likely to sell shares at the top of the range in its initial offering, raising 12.4 billion rupees.
