Chinese Manganese Industry Market Webinar
As the covid-19 pandemic outbreak globally in 2020, the manganese industry was impacted significantly, in the first half of year, the South Africa government released initial 21-days lockdown announcement policy for the mineral industry production and some manganese ore mines maintenance production and stopped some days and resumed. While Chinese manganese alloy plants due to the transportation and worried about the manganese ore shortage in the period, the price of manganese ore and alloys increased sharply last two month ended to the state holiday in May. Now the impacted factors on prices of Chinese manganese alloy price includes the manganese ore, Zhengzhou Future Price of silicon manganese are coke and steel tender price and inventories in ports.
Relying on the Chinese crude steel production increased and we anticipate the steel production output will reach to more than 1 billion tons in 2020, which it demands more manganese alloys, but the steel price is lower than last year and that will drive down the price of the manganese alloys . As the Chinese silicon manganese production in the first three quarter was 7.98 million tons with down 4.3% YoY, the volume of manganese ore imported was 22.225million tons in the first three quarter and a decrease of 9.0% YoY, while China imported 9.146 million tons from South Africa decreased of 4.1% YoY accounted for 41.2% of total imported according to China customs, some other countries also exported to China from Australia, Gabon and Brazil. As we acknowledged there are some new Silicon manganese project under the construction in the coming year in China, the capacity also will increase and so will the demand of manganese ore.
Ferro-alloys.com is well know information tech company, and provides market and industrial information of ferroalloys. We will arrange this event and invite some experts to present on the topics of
How about the Chinese Manganese Alloy Market in Coming Year
How about the Manganese Ore Market
How about China Steel Industrial Performance
How to Guarantee the Safe Supply Chain of Manganese ore in case the Pandemic Influenced
If you are insider of manganese industry, do not miss this important virtual event. Welcome to register.
Date: Dec 11,2020
Time：15:00-18:00, 11 Dec 2020 (Friday, Beijing Time)
Speaker Language: English