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Today (February 6, 2025), the price of silicon manganese in The ZCE Future suddenly surged. The main reasons can be analyzed from the following aspects:

Manganese Marekt Snapshot on February 28

Japan's manganese alloys import decreased by 20% y-o-y in CY'23 to 295,605 t which was 368,063 t in CY'22.

...with the tonnage rising by 37,302 tonnes or 4.2% on month to reach 932,261 tonnes.

China produced 536 million tonnes of crude steel in the first six months of this year, up by 1.3% from a year earlier.

A Weekly Review of Manganese Alloy Market （7.17-7.21）

A Weekly Review of Manganese Alloy Market （7.17-7.21）

A Weekly Review of Manganese Alloy Market （7.17-7.21）