Ferrosilicon Manganese Price Analysis in China Market & Tips for Buying Ferrosilicon Manganese

Ferrosilicon Manganese alloy, a crucial alloy in the steel industry, is known for its ability to enhance steel’s strength and toughness. As a leading silicon manganese supplier, Anyang Zhenxin Metallurgical Materials Co.Ltd. offers insights into the global market’s price trends and share essential tips for purchasing this vital alloy. In this article Ferrosilicon Manganese Price in the Chinese Market In 2024 & Price Analysis we introduce the main factors affecting the price of Ferrosilicon Manganese. Here shares the current price of Ferrosilicon Manganese and some tips to get a good quality Ferrosilicon Manganese alloy at a low price.

ferro silico manganese price in China silico manganese 6014

Current Price of Ferrosilicon Manganese 

Ferroalloy Online May 17, 2024, yesterday, the northern big mills fixed 8,000 yuan/ton for May Ferrosilicon Manganese, which is lower than the average price of steel trick in the previous period. The high level of the disk fell back, the increase of the steel tender narrowed, and the mentality of the spot market also changed. Today, the sentiment of Ferrosilicon Manganese factory offer is still low, and many factories said that they are not in a hurry to offer for the time being, and wait and see the change of manganese ore and Ferrosilicon Manganese futures market.

Today, a few factories offer in the range of 7900-8000 yuan/ton, and the basis difference between the period and the cash merchant offer: Ningxia processing block 09 contract floated down 490-600, Neimeng 09 contract floated down 400 or so.

Production Situation of Ferrosilicon Manganese Manufacturers

Ferrosilicon Manganese experienced a rapid rise this week, the offer went up significantly, with the futures adjustment and steel move clear, false high consolidation back down process. At the beginning of the week, the domestic 6517 mainstream offer remained at 8200-8400 yuan/ton range, but the turnover follow up more slowly, the north and south market high mainstream market turnover is concentrated in 7900-8000 yuan/ton range, breakthrough 8000 turnover but non-mainstream.

With the futures rally back down, quickly cooled to 8200-8500, futures retracement of about 1,000 yuan, coupled with on behalf of the steel mills pricing is lower than the average price of the previous period, the spot market high also loosened. To Friday, the factory offer mood is low, substantial loosening willingness is low, wait-and-see market-oriented. Part of the factory offer adjusted to 7900-8000 yuan / ton, close to the actual transaction prices in the previous period, but recently, with the high level of sentiment fell back, the actual retail transaction is relatively cold.

silico manganese 6014

Ferrosilicon Manganese Users Current Situation

In terms of steel mills: The mainstream steel mills to set the standard in the acceptance with tax delivered to 8000-8100 yuan / ton range, individual small steel mills pricing fell below 8000 yuan/ton.

How to Buy Ferrosilicon Manganese?

When buying Ferrosilicon Manganese, there are a few key things to consider and be concerned about:

Quality: The quality of the Ferrosilicon Manganese is crucial. You should ensure that the product meets your required specifications, such as the correct silicon and manganese content, physical properties, and purity. Request samples and certifications from the supplier to verify the quality.

Supplier Reliability: It’s important to choose a reliable supplier who has a good reputation in the industry. Check the supplier’s credentials, experience, and customer reviews to ensure they can provide consistent and quality products.

Pricing: Ferrosilicon Manganese prices can vary depending on market conditions, supplier, and other factors. Compare prices from different suppliers to ensure you are getting a fair price. However, don’t compromise on quality just to save on cost.

Delivery and Logistics: Ensure that the supplier can meet your delivery schedule and provide reliable logistics services. Delayed delivery can affect your production schedule and operations.

Compliance and Regulations: Check that the Ferrosilicon Manganese complies with relevant industry standards, safety regulations, and environmental requirements. Ensure the supplier has the necessary certifications and compliance documents.

Supply Chain Risks: Be aware of potential supply chain risks, such as supplier instability, raw material shortages, or trade restrictions. Consider diversifying your supplier base to mitigate these risks.

Inspection and Testing: Before finalizing the purchase, request inspection and testing of the Ferrosilicon Manganese to ensure it meets your quality standards and specifications. This can help avoid potential issues and losses.

Remember to do your research, compare different options, and make an informed decision before buying Ferrosilicon Manganese.

How to Store Ferrosilicon Manganese?

Here are five key aspects to consider when storing Ferrosilicon Manganese:

Packaging:

Ensure that the Ferrosilicon Manganese is packaged properly to prevent moisture, dust, and other contaminants from entering.

Use airtight containers or bags to seal the material.

Label the packaging clearly with the product name, specifications, and any other relevant information.

Storage Environment:

Store Ferrosilicon Manganese in a dry, clean, and well-ventilated area.

Avoid exposure to moisture, as it can cause oxidation and deterioration of the material.

Keep the material away from chemicals, acids, and other substances that may react with it.

Stacking and Handling:

Stack the packaged Ferrosilicon Manganese in a stable and organized manner to prevent damage or collapse.

Use pallets or other supports to keep the material off the ground.

Avoid dropping or mishandling the material during transport and handling.

Segregation:

Store Ferrosilicon Manganese separately from other materials to prevent cross-contamination or reactions.

Keep different grades or types of Ferrosilicon Manganese separate to avoid mixing.

Inventory Management:

Implement an inventory management system to track the quantity, location, and expiration date (if applicable) of the Ferrosilicon Manganese.

Rotate the stock regularly to ensure that older material is used first.

Regularly inspect the stored material for any signs of damage, contamination, or deterioration.

By following these key aspects, you can ensure that your Ferrosilicon Manganese is stored properly and remains in good condition for future use.

ZXferroalloy is a leading manufacturer of ferroalloy in China. Anything needs on Ferrosilicon Manganese, please contact without hesitation.

Contact Us Today For Any Inquiry

Scroll to Top
;