money
 






 

Question by  sumaya1 (97)

What is the trend of manganese prices?

 
+7

Answer by  Harold87 (33)

Maganese prices have been rising along with the price of metals in general for the last ten years. They saw a sharp rise in 2007, which lasted for a year. They began to stabilize in 2008 but are expected to remain high base on industrial demand through the year 2020.

 
+6

Answer by  AnnaTeague (806)

Manganese prices have been stable over the last couple of decades, but it looks like this commodity will be on a steady rise. Fortunately, there is no acute shortage.

 
+6

Answer by  Jim23 (303)

Manganese is used as an ingredient to make steel stronger, therefor any corporation or country that is on the cusp of building with steel has to have it. Up and coming countries that are growing such as China, Saudi Arabia, Brazil would have a great need for more manganese so the price trend would have to be going up.

 
+4

Answer by  cynosure (376)

Manganese prices rose in the last quarter of 2010 (to ~US$3200/mt), and forecasters generally predict the price of manganese to stabilize, where developing economy steel needs counteract supply overabundance.

 
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