Keynote speech of FerroAlloyNet 24th International Manganese Industry Summit-Electrolytic Manganese Industry Data Review

2024/3/15 10:07:00

www.ferroalloynet.com: An Teng, Electrolytic Manganese Product Analyst from FerroAlloyNet brought Electrolytic Manganese Fundamental Analysis and Outlook. Key aspects of analysis: review of fundamentals, review of steel imports and exports, and interpretation of the development of main producing areas.
 
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He pointed out that looking back at the market fundamentals in 2023: the decline in electrolytic manganese is still expanding, and the average price maintains a downward trend. Fundamental production: output has increased significantly year-on-year. Fundamental profit: gross profit has steadily declined in the third and fourth quarters since 2023. Hit bottom and hang upside down.
 
He mainly analyzed and summarized the development direction of electrolytic manganese in the main producing areas of various provinces and cities. In recent years, the National Development and Reform Commission, the Ministry of Ecology and Environment, the Ministry of Industry and Information Technology and other departments have issued a series of electrolytic manganese-related policies, which have had an impact on the development of the industry. It has played a positive role in promoting the transformation, upgrading and technological innovation of the industry, while also strengthening the supervision and governance of the industry.
 
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