Ferromanganese prices in local Chinese market – week 6
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Hot rolled coil (HRC) suppliers in Pakistan have continued to increase their offers on the heels of the global trend.
Domestic and export scrap prices in Japan are moving up following the Chinese New Year holiday which ended at the beginning of this week.
Since SteelOrbis’ report published yesterday, February 8, some Turkish mills have announced further rises in their ship scrap procurement price.
Ex-China CRC prices have moved up sharply after the week-long holiday amid the rising trends in the local market and in HRC futures prices.