www.ferroalloynet.com: Liang Li, Electrolytic Manganese Product Analyst of FerroAlloyNet, brought key analysis of Analysis of Manganese Alloy Production Capacity by Region in Recent Years and the Outlook for the 2024 Pattern.
Ms. Liang Li analyzed the output development trends of the four major production areas from 2018 to 2023, and analyzed the historical reasons for production capacity changes from the aspects of environmental protection, energy consumption and downstream.
Then four characteristics were put forward for the new production capacity to be put into operation in 2024:
1. It is still mainly based in Inner Mongolia, but the quantity is limited and the products are diversified. Silicon manganese and high silicon silicon manganese, ferromanganese, and ferrochromium may be converted into each other.
2. The new production capacity in other regions is slow to come into operation, and electricity prices are still a hindrance, such as Shaanxi, Yunnan, and Hunan.
3. Inner Mongolia’s aircraft carrier has a prominent position and competition in the industry is fierce. External expansion and internal expansion complement each other.
4. In addition to demand, electricity price is still a necessary condition for grabbing production capacity.