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China may consume 10% more Manganese in 2008

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    هانى شرف الدين
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     وسام الشكر

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    China may consume 10% more Manganese in 2008

    China may consume 10% more Manganese in 2008:





    It is reported that Commodity trader Zhejiang Materials Industry International Co forecasts that China, the world's largest steel producer, may consume 10% more manganese alloys this year helping to bolster prices in the next two months.



    World Manganese Producers



    Mr Yang Jian manager of steel raw materials department at the Hangzhou based company said demand for the alloys used to strengthen steel will rise from last year's 5.38 million tonnes

    He said "Manganese prices will keep increasing in the coming months and may hike in April and May and some Chinese buyers may not be able to obtain the material. Prices could come down in the second half when Chinese steel mills slow production in the summer months.''

    Zhejiang Materials supplies manganese alloys to mills including Anben Steel Group and Jiangsu Shagang Group Co.

    China is the largest producer of manganese alloys, accounting for almost half of world's output.


    Ferro Manganese Alloys




    Silico Manganese Alloys

  2. [2]
    yehia samir
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    تاريخ التسجيل: Dec 2006
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