South Africa's flooding has disrupted the transportation of manganese ores
Time:Fri, 07 Jun 2024 16:59:43 +0800
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Since June 1, 2024, heavy rainfall has caused flooding in the East Cape Province of South Africa, affecting Nelson Mandela Bay City and Port Elizabeth. The flooding has disrupted the transportation of manganese ores. Transnet has announced force majeure factors, delaying the transportation of manganese ore. With the decline in silicon manganese futures prices, the Chinese market has shown a pessimistic sentiment. Market participants are closely monitoring South African manganese ore quotations and steel plant bidding in June.
