India optimistic about the outlook of ferromanganese and silicon manganese, scrap prices

 Recently, the Indian ferromanganese factory price has bottomed out to 54,000-56,000 rupees / ton, with the end user to start a new round of procurement, the next few weeks ferromanganese prices will quickly rebound.
an Indian manufacturer, said demand is still relatively slow, but very stable, due to high production cost, lower their costs, but is expected within the next few weeks ferromanganese prices may bounce higher.
another manufacturer, said although the market is running slow, but prices held steady, down is unlikely,Bailey UGG boots, given the prices have bottomed out, the market confidence in the market outlook.
manganese
continued weakness in India's silicon-manganese export markets, turnover is not busy this week, 65/16 specification alloy prices continued to fall.
A 65/16 800 tons per month, said manufacturers in India, and their in silico-manganese prices quoted 54,000 rupees / ton, but the turnover is not good, as traders expected the end of the rainy season, silico-manganese market will gradually for the better.
a supplier,UGGs, said: small, gradual rise as the end-user demand is expected to be the next few weeks the market will turn for the better silico-manganese.

scrap metal and finished steel by high prices led, non-ferrous metal scrap imports this week,cheap UGG boots, prices rose by 5-10 dollars / ton. but the turnover is very slow.
closing price of scrap container broken in 415-420 U.S. dollars / ton CFR Mumbai Port,UGG bailey button, Last week the price at 405-415 U.S. dollars / ton CFR. Although the overall scrap prices are rising, but the consumer business seems reluctant to accept the higher prices of imported waste in Europe