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25 Jul
09:43

Lower prices squeeze Eramet manganese margins

Despite resilient ore prices, French miner Eramet’s manganese division was strongly penalised in the first half of 2018 by eroding manganese alloys margins. Demand for manganese ore and alloys remained high in H1 but the company remains vigilant regarding the market environment, the firm says in a report seen by Kallanish. H1 carbon steel production increased 4.7% versus H1 2017, driven in particular by China. The steel sector has seen buoyant business act…
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