According to SMM statistics, the total supply of EMM in November was 91,300 mt, a decrease of 5% from the previous month. At the beginning of December, both supply and demand in the manganese market were weak, and the decline in the social inventories slowed down.
SHANGHAI, Dec 6 (SMM) – According to SMM statistics, the total supply of EMM in November was 91,300 mt, a decrease of 5% from the previous month. At the beginning of December, both supply and demand in the manganese market were weak, and the decline in the social inventories slowed down.
SMM expects that the supply will decrease in December due to an increasing number of EMM plants that cut output. But the market shall watch the production schedules of terminal steel mills.
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