Russian origin FeMn offers decline

Thursday, 19 March 2009 10:14:01 (GMT+3)   |  

A Russian producer's high carbon ferromanganese (max. 75-80 percent Mn and eight percent C) offers to the European markets are in a price range of €850-870/mt ($1,146-1,174/mt) duty paid, delivered to customer for late March/early April shipment.

European mills that have continued to operate below production capacity have preferred to delay their purchases. Meanwhile, among western European countries it is observed that only in Germany have small tonnage purchases been concluded.

€1 = US$1.34934

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