The local prices are expected to be released soon, stay tuned!
Got it
+86 021 5155-0306
Language:
SMM
Sign In
Base Metals
Aluminum
Copper
Lead
Nickel
Tin
Zinc
New Energy
Solar
Lithium
Cobalt
Lithium Battery Cathode Material
Anode Materials
Separator
Electrolyte
Lithium-ion Battery
Sodium-ion Battery
Used Lithium-ion Battery
Hydrogen Energy
Energy Storage
Minor Metals
Silicon
Magnesium
Titanium
Bismuth/Selenium/Tellurium
Tungsten
Antimony
Chromium
Manganese
Indium/Germanium/Gallium
Niobium/Tantalum
Other Minor Metals
Precious Metals
Rare Earth
Gold
Silver
Palladium
Platinum/Ruthenium
Rhodium
Iridium
Scrap Metals
Copper Scrap
Aluminum Scrap
Tin Scrap
Ferrous Metals
Iron Ore Index
Iron Ore Price
Coke
Coal
Pig Iron
Steel Billet
Finished Steel
International Steel
Others
Futures
SMM Index
MMi
Futures market holds up well, with all parties taking a wait-and-see attitude [[SMM Weekly Review]]
May 09, 2025, at 4:23 pm
[SMM Weekly Review: Futures Market Holds Up Well, Most Parties Adopt a Wait-and-See Attitude] As of Friday this week, the price of SiMn alloy 65/17 (cash) in the northern market was 5,550-5,650 yuan/mt; in the southern market, it was 5,550-5,750 yuan/mt. According to SMM, on the raw material side, the manganese ore market saw sluggish transactions, with spot prices continuing to be in the doldrums. On the supply side, there are still plans for SiMn alloy producers to reduce or halt production. With the futures market holding up well, the spot price of SiMn alloy has stabilized after a decline. On the demand side, downstream steel mills are mostly waiting for major steel tenders to enter the market. Spot order transactions in the market are sluggish, and most parties are adopting a wait-and-see attitude.
As of Friday this week, the price of SiMn alloy 65/17 (cash) in the northern market was 5,550-5,650 yuan/mt; in the southern market, it was 5,550-5,750 yuan/mt. According to SMM, on the raw material side, the manganese ore market saw sluggish transactions, with spot prices continuing to be in the doldrums. On the supply side, there are still plans for SiMn alloy plants to reduce or halt production. The futures market is holding up well, and the spot price of SiMn alloy has stopped falling and stabilized. On the demand side, downstream steel mills are mostly waiting for mainstream steel tenders to enter the market. Spot order transactions in the market are sluggish, and market participants are mostly adopting a wait-and-see attitude.
