Silicon Manganese Market In 2023

In 2023, the global economic situation is complicated, and the Chinese economy also faces severe challenges. Steel production fell year-on-year and demand for manganese products weakened. After a wild rise in 2021, the manganese alloy market is cooling down in 2022 with a sense of helplessness. The black environment is relatively weak, the downstream demand is weak, coupled with the high alloy cost, alloy plant has been in inverted phase for a long time this year. The price of silicon manganese alloy fluctuates frequently for a long time. Transaction dilemma difficult to break silicon manganese is still weak. 

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For this year's silicon manganese transaction of the main color. In terms of transaction, the factory sticks to the bottom line of 6600 yuan, with the north as the representative of the steel factory, there is no purchase action at present. The market for silicon manganese follow-up confidence is not good. The current price of silica manganese in India is Rs 6014 72500-73500 / ton 878. It's a dollar a ton. Hainanwest Asia Group will continue to observe the market dynamics of silica manganese. For more information, please pay attention to HainanWest Asia

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