Japanese prices to be pressured by low consumption and Indian quotes

摘要

Prices for SiMn (65 Mn; 16 Si) have reached $1,200?1,210/t CIF Japan inOctober, down $2.5/t month-on-month, and those for HC FeMn (75 Mn) –$1,200?1,210/t, down $10/t. The outlook for the Asian market is uncertain assteel and raw material demand has not picked up in China after the holidaysin late September – early October, while the amount of production cutbacks inautumn and winter is questionable.