May . 27, 2025 06:23 Back to list
(silico manganese price)
The global silico manganese market witnessed a 7.2% price surge QoQ in Q2 2024, with current benchmarks ranging between $1,180-$1,450 per metric ton. Regional disparities remain significant, with Indian exports trading at $1.23/kg FOB while European spot prices reached $1.57/kg amid energy cost fluctuations. This volatility stems from three primary drivers:
Advanced submerged arc furnace technology enables modern producers to achieve 92-94% alloy recovery rates, significantly outperforming traditional methods. Key technical parameters differentiate market leaders:
Parameter | Standard Grade | Premium Grade |
---|---|---|
Mn Content | 60-65% | 68-72% |
Carbon Levels | 1.5-2.5% | <1.2% |
Energy Consumption | 3,800 kWh/ton | 3,200 kWh/ton |
A comparative study of six major producers reveals distinct market positions:
Manufacturer | Price/Ton (FOB) | Mn Content | Lead Time |
---|---|---|---|
Asian Alloys Ltd | $1,240 | 65% | 45 days |
EuroMetals Group | $1,410 | 70% | 30 days |
Americana Manganese | $1,325 | 68% | 60 days |
Major foundries now demand tailored specifications, with 38% of contracts including customized parameters. Common modifications include:
A North American steel mill achieved 12% cost reduction through optimized silico manganese procurement:
Market analysis identifies four critical price drivers:
Factor | Impact Range |
---|---|
Manganese Ore Prices | ±18% |
Energy Costs | ±9% |
Currency Fluctuations | ±6% |
Industry forecasts predict sustained demand growth at 5.8% CAGR through 2028. Smart buyers are adopting three key strategies:
(silico manganese price)
A: The silico manganese price is influenced by raw material costs (manganese ore, silicon), energy prices, global demand from steel industries, and geopolitical factors affecting supply chains. Market fluctuations and environmental regulations also play a role.
A: The silico manganese price per kg is derived by dividing the per-ton rate by 1,000. For example, if the per-ton price is $1,200, the per-kg price would be approximately $1.20, excluding taxes or logistics fees.
A: Ferro silico manganese price varies due to differences in production costs, import/export tariffs, transportation expenses, and regional demand-supply imbalances. Local steel industry activity heavily impacts pricing trends.
A: In 2023, the average silico manganese price per ton ranges between $1,100 and $1,400 globally, depending on grade (e.g., SiMn65-16), purity, and regional market dynamics like China’s production quotas or EU carbon policies.
A: Increased steel production boosts demand for silico manganese as a deoxidizer, raising prices. Conversely, slowdowns in construction or automotive sectors reduce demand, leading to price drops. Recycling initiatives and alternative alloys also impact market stability.
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