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January 23, 2015 – 17:20 GMT
steel-making raw materials
ores and alloys
Manganese ore shipments from South Africa could be delayed in the coming weeks due to extremely low port stocks and limited rail capacity, according to market sources.
Stocks at the manganese terminal of Port Elizabeth have
fallen below 100,000 tonnes, less than a quarter of the average
monthly volume shipped. The entire inventory is only enough to
fill one and a half average-sized vessels, yet five suppliers
are getting ready to ship material, sources said.
“It’s about one and a half ships, so there are
definitely going to be delays,” a market source told Metal
Bulletin. Some producers are understood to have ships ready to
load or due to be…
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Euromoney Institutional Investor PLC.
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