Eramet sales fall on lower steel-sector demand
Published: Tuesday, 28 April 2020
French metals and ore producer Eramet reported an 11% drop in revenues in the first three months of 2020 because of lower steel demand globally, with increased uncertainty about the future due to the Covid-19 pandemic.
Eramet’s manganese business reported sales down
by 17% in January-March to €359 million ($389 million),
due to falling steel demand and a build-up of manganese ore at
Fastmarkets reported the price of manganese ore 44% Mn, cif
Tianjin, at $6.52 per dry metric tonne unit on April...