Strong overseas demand revives China's silico-manganese exports

A combination of strong demand and tight supplies in the global silico-manganese market has revived Chinese exports, which have been largely dormant over the past decade, sources told Fastmarkets this week.

As the world's largest silico-manganese producer, China was a significant supplier to buyers in Asia and Europe until the removal of an export rebate in 2005. And a 20% tariff introduced 2007 further reduced the competitiveness of its products globally.
And the strength of demand in the domestic market meant there was little reason to focus on exports.
But overseas inquiries have re-emerged in May 2021, sources in China told Fastmarkets this week.
Small volumes of around 500-1,000 tonnes were settled at around $1,500 per tonne cif destination countries, they said.
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