Manganese price – metalary gas what i smoke

Manganese has been used since ancient times although the etymology of its name is complex. In ancient times, the term “magnes” referred to two black minerals mined in Magnesia, now in modern-day Greece, said minerals of which were believed to have two distinct genders. The male magnes had magnetic properties and we now know it as magnetite or lodestone. The female magnes didn’t have a magnetic property but was instead used in decolorizing glass and, later on, became known as magnesia (i.e., manganese dioxide in modern times).

The Egyptians and Romans also used manganese compounds in the manufacture of glass. These compounds were used to either remove or add color to glass, thus, the term “glassmakers’ soap” that are still in use today. Many of the best artisanal glassworks, especially the ones from 14 th century Venice, have been treated with manganese compounds.

While manganese compounds was in widespread use among alchemists and glassmakers, it was only in 1774 when manganese as an element was first identified. Johan Gottlieb Gahn was the first one to isolate manganese via the reduction of dioxide with carbon.

The metal has since then been used in a wide range of industrial and commercial uses. In 1912, for example, patents were granted in the United States that allowed the use of manganese phosphate electrochemical conversion coatings as protection against corrosion and rust. Price History

In 2015, the manganese industry has experienced a challenging year largely because of the economic downturn in China. According to certain publications, the metal has a price of $1.48/dry manganese ton – and it’s a decrease of 52 percent since the year’s start.

But investors are still optimistic as the manganese industry has experienced similar downturns in previous years yet recovered well enough to satisfy the desired returns on investment. The manganese prices will likely increase in the near future so everything should well on the front. Use as an Investment

There is a wide range of companies that rely on the production and sales of manganese for their revenues. Most of these companies are listed on the stock exchange of several countries, such as the London Stock Exchange and the New York Stock Exchange, so stock investments are possible. Most of the mining companies also have diversified portfolios in the sense that, aside from manganese, other metals are also being mined. What It’s Used For

Manganese is a highly valued metal because there are no satisfactory substitutes for it, particularly in its major metallurgical applications. But in its minor applications, such as in rust and corrosion protection, zinc is a good substitute.

• The production of steel and iron, thanks to its alloying, deoxidizing, and sulfur-fixing properties. The steelmaking industry accounts for 85 to 90 percent of the worldwide demand for manganese. The metal is used in stainless steel, in military helmets, and in Hadfield steel.

The prices of manganese in a free market is then of special interest to several diverse industries from steel and glass production to battery manufacture. Be sure to monitor them so that you, too, can take advantage of the good returns on investments that the metal provides for its savvy investors.