| Product | Region | Incoterm Basis | Price | Last Updated Month |
|---|---|---|---|---|
| Ferromanganese | China | EXW | USD 831.00/MT | August 2026 |
| Ferromanganese | USA | DDP | USD 1,354.00/MT | August 2026 |
| Ferromanganese | Europe | DDP | USD 1,199.00/MT | August 2026 |
| Ferromanganese | Russia | DDP | USD 1,142.00/MT | August 2026 |
| Ferromanganese | China | EXW | USD 826.00/MT | July 2026 |
| Ferromanganese | USA | DDP | USD 1,345.00/MT | July 2026 |
| Ferromanganese | Europe | DDP | USD 1,182.00/MT | July 2026 |
| Ferromanganese | Russia | DDP | USD 1,197.00/MT | July 2026 |
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Ferromanganese markets underwent a period of regional divergence during H1 2026, with raw-material fundamentals providing support despite uneven downstream demand. Manganese ore markets remained relatively firm as precautionary restocking, supply-chain disruptions, and elevated freight costs contributed to higher feedstock costs, although improving global ore availability prevented a broad-based supply squeeze. In China, weaker steel production and continued weakness in the property sector constrained ferromanganese consumption and limited the scope for sustained alloy-market gains. In contrast, Indian steel production expanded during the first half, providing stronger support to regional alloy demand. European markets remained comparatively resilient, with ferromanganese demand and pricing supported by the implementation of the Carbon Border Adjustment Mechanism (CBAM) and EU safeguard measures. Across the broader market, elevated ore and logistics costs continued to underpin producer costs, while divergent regional steelmaking conditions prevented a uniform global price direction. Overall, H1 2026 ferromanganese markets were characterized by firm raw-material fundamentals, uneven steel demand, and increasing regional differentiation.
Analyst Insight
According to Procurement Resource, ferromanganese prices are expected to remain subdued in the near term owing to softening Chinese steel demand, although tightening ore supply and emerging battery-sector consumption could provide gradual support.
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Ferromanganese is an iron-manganese ferroalloy used mainly in steelmaking. Commercial grades typically contain a high proportion of manganese together with iron, carbon, silicon, and small amounts of other elements. It is sold as high-carbon, medium-carbon, and low-carbon ferromanganese, depending on steelmaking requirements. Manganese improves steel strength, hardness, toughness, and wear resistance, and it also helps control sulfur and oxygen during refining, making ferromanganese an important bulk alloy for steel producers.
Eramet, Ferroglobe, Assmang, Sakura Ferroalloys, Pertama Ferroalloys, Nava Limited
Ferro manganese, FeMn, manganese ferroalloy, iron-manganese alloy
CurrencyUS$ (Data can also be provided in local currency)
Supplier Database AvailabilityYes
Customization ScopeThe report can be customized as per the requirements of the customer
Post-Sale Analyst Support360-degree analyst support after report delivery
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Ferromanganese Production by Submerged-Arc Furnace Smelting : Ferromanganese is commonly produced by reducing manganese ore with carbon in a submerged-arc electric furnace. Manganese ore, coke or another carbon reductant, and fluxes are charged to the furnace, where high temperatures reduce manganese oxides and form a molten iron-manganese alloy. The metal is tapped, separated from slag, cast, cooled, crushed, and sized. Medium- and low-carbon grades can be made by refining high-carbon alloy or by silicothermic routes that limit carbon pickup.
The main use of ferromanganese is as an alloying and refining addition in carbon steel, stainless steel, structural steel, rails, automotive steel, and wear-resistant grades. Manganese raises hardness, tensile strength, and abrasion resistance, while reacting with sulfur to reduce hot-shortness during rolling. High-carbon ferromanganese is commonly used in bulk steel production. Medium- and low-carbon grades are selected when tighter carbon control is needed in specialty steels, welding materials, and foundry applications.
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