Silicon Manganese Market Price Trend
The Silicon Manganese (SiMn) market is showing a narrow fluctuation trend under the influence of supply adjustment and downstream demand changes.
The main SiMn futures contract remains within the range of 5650-5750 RMB/ton, while spot market quotations stay relatively stable with cautious supplier offers.
SiMn 6517 mainstream prices are currently around 5550-5680 RMB/ton.
Steel mill procurement prices mainly range from 5800-5850 RMB/ton, with purchasing focused on actual demand.
SiMn 6517 Supply and Demand Situation
The SiMn 6517 market maintains a balanced supply and demand pattern.
Ferroalloy producers continue controlling production output, with spot resources gradually decreasing in some regions.
Northern factories show limited spot quotation willingness, while southern producers mainly offer prices around 5650-5700 RMB/ton.
Production adjustments remain active in major production areas. Some plants reduce output, while several factories resume production after maintenance.
SiMn 6014 and High Silicon SiMn Market Performance
The SiMn 6014 market faces slight price pressure due to moderate downstream demand.
Current factory quotations range from 5250-5400 RMB/ton, while actual transactions mainly focus on 5200-5300 RMB/ton.
High silicon Silicon Manganese products maintain stable operation.
SiMn 6325# prices stay around 6350-6450 RMB/ton, and SiMn 6027# prices remain around 6550-6650 RMB/ton.
Silicon Manganese Supply Outlook and Procurement Opportunities
Raw materials including manganese ore and coke continue showing a weaker price trend, reducing production cost pressure for ferroalloy manufacturers.
However, downstream steel demand recovery remains limited, keeping market transactions focused on regular procurement.
Stable quality, consistent chemical composition, and reliable delivery remain key factors for global SiMn buyers.
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