New Industry Pattern Of Silicon Manganese Market In 2023

In 2022, the global economic situation is complicated, the Chinese economy is also facing severe challenges, and the test of the epidemic is also intensified simultaneously. Steel production is reduced year-on-year, and the demand for manganese products is weakened. After the crazy rise in 2021, the manganese alloy market in 2022 is gradually cooling with a sense of helplessness. The black environment is relatively weak, the downstream demand is weak, coupled with the high cost of alloy, alloy plant in the long-term upside-down stage this year. The price of silicon manganese alloy fluctuates frequently in the long term. In the first three quarters of 2022, the price of gold, silver and four silicon manganese 6517 is relatively high, and it opens a slow decline channel in May. The manganese ore market this year is also suffering from the pressure of high cost, reduced demand and obvious upside down. The instability of downstream production has been intensified since the end of June, until the upside down amplitude is too large in early September, and the supply of circulating goods has decreased. The price of electrolytic manganese in 2022 was almost halved compared with that in 2021. The production of small and medium-sized factories and the recovery of end demand under the implementation of environmental protection policies in the fourth quarter are still attracting attention. In the face of a new round of global scientific and technological revolution and industrial transformation, new energy vehicles have ushered in new opportunities for explosive growth, and the demand for manganese in the battery industry will also be greatly increased. According to the survey data of Hainan West Asia Group,Manganese has a very broad application prospect in new energy materials, and manganese series products are expected to develop more high-end, refined and differentiated.

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