Yesterday, the manganese ferromanganese manufacturers in Guizhou Province said that due to power cuts, all the small furnaces were shut down. The ferromanganese market has seen a reduction in spot production, which has been unable to be purchased in some regions. The price of carbon ferromanganese in the factory has been raised from 10,300 yuan/ton to 10,400 yuan/ton, but the transaction is still at 10,300 yuan/ton.
Due to power cuts, ferromanganese plants in most regions were forced to shut down, and the spot production of ferromanganese decreased. The Guangxi region has already started sourcing in Yunnan, and most of the electricity in Guizhou has been shut down. All the production is left behind by large furnaces. . In so doing, the price of ferromanganese is bound to be pushed up. The ferromanganese market will usher in an upsurge. However, since the power restriction is not limited to ferromanganese, the downstream steel mills are also in progress at the same time. The output of steel mills will be reduced and demand will also be reduced. Therefore, the market for ferromanganese still needs to be cautious.
Due to power cuts, ferromanganese plants in most regions were forced to shut down, and the spot production of ferromanganese decreased. The Guangxi region has already started sourcing in Yunnan, and most of the electricity in Guizhou has been shut down. All the production is left behind by large furnaces. . In so doing, the price of ferromanganese is bound to be pushed up. The ferromanganese market will usher in an upsurge. However, since the power restriction is not limited to ferromanganese, the downstream steel mills are also in progress at the same time. The output of steel mills will be reduced and demand will also be reduced. Therefore, the market for ferromanganese still needs to be cautious.
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