Global Metals News

Fast-moving market developments, company updates and policy signals.

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Global Metals News Manganese 2026-08-07

Manganese-silicon futures rebound but steel tender prices pressured; inventories hit record high for the period

On Thursday, manganese-silicon futures strengthened, with the main contract closing at 5,676 yuan/tonne, up 1% from the previous session, and open interest down 43,321 lots to 406,600 lots. A major Hebei steel mill launched an August tender for 21,100 tonnes at an inquiry price of 5,800 yuan/tonne, down 150 yuan/tonne from July.

Source: KLF Mining
manganeseflash
Global Metals News Iron Ore 2026-08-07

Indian coal company wins Odisha iron ore block: another step in diversification

India's state-owned Coal India has become the preferred bidder for the Gadadharpur iron ore block in Odisha, as it seeks to expand beyond coal into other mineral resources. The auction premium offered was 114.05% of the value of mineral shipments.

Source: kuanglifang.cn
ironflash