Silicomanganese charged by power shortages
Dec 19, 2007 | 07:51 AM
Silicomanganese prices rose moderately in the Chinese market this week amid tight supply due to an electricity shortage in southwestern China.
Silicomanganese is trading at 9,600 to 9,900 yuan ($1,301 to $1,342) a tonne in the domestic market, up 200 yuan ($27) from a month ago.
"Our production has been cut by over 50 percent recently because of the limited electricity availability. In fact, we do not have any material for spot buyers and we are only executing some supplies under long-term contracts," said an executive at a manganese alloys producer in Guizhou province in southwestern China.....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.