It is reported that Chinese customs have lowered check prices for SiMn exports. The price has been cut to USD 2100 per tonne for SiMn 6517 and USD 1800 per tonne for SiMn 6014, from USD 2300 per tonne and USD 2000 per tonne respectively in October 2008.

However, traders complain that this is not enough to boost transactions and can hardly relieve heavy burdens on exporters.

Export price is quoted at USD 1700 to USD 1750 per tonne for SiMn 6517 and USUSD 1300 per tonne for SiMn 6014 at the moment. Due to output cutbacks by overseas steelmakers, SiMn export market remains dull.

Electrolytic manganese market eyes similar operation. Export price has declined to USD 2100 to USD 2150 per tonne on account of falling domestic price. – Steel Prices China