Silico-manganese prices in China moved higher in early March as downstream buying resumed after the Lunar New Year lull and upstream cost pressures tightened the market. Construction-led restocking and accelerated procurement from rebar and long-product mills helped underpin offers, while logistical bottlenecks and elevated energy costs limited spot Silico-manganese availability. Meanwhile, new furnace capacity coming online and a seasonal restart of smelters added a mixed supply signal, leaving Silico-manganese market participants balancing precautionary buying against pockets of weak demand from exports and light-industrial sectors.
Silico-manganese demand was strongest from the construction steel segment, where producers accelerated call-offs for rebar and other long products; this support was a key driver behind the assessed February uptick to $***.**/MT from the prior level of $***.**/MT, a rise of *.** month-on-month. Alloy distributors also replenished inventories amid concerns over ore tightness, while Silico-manganese export flows into Southeast Asia and...
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