[SMM Analysis: SiMn production increased MoM in June, and is expected to increase in July]

Published: Jun 30, 2025 20:42

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[SMM Analysis: Silicon-manganese alloy production increased MoM in June, and is expected to increase in July] According to SMM data, China's total silicon-manganese alloy production in June 2025 increased by approximately 1% MoM, but decreased by nearly 30% YoY. The main reason for the MoM increase was the maintenance of high operating rates in cost-advantageous regions such as Inner Mongolia, while production in other north China regions remained basically stable. Additionally, production in Yunnan and other regions slightly increased due to electricity tariff discounts during the rainy season; some enterprises in Guangxi increased their production schedules due to order growth. Looking ahead to July, most north China enterprises expect production fluctuations to be relatively small, while in south China, some enterprises plan to resume production due to continued electricity tariff discounts, and overall production is expected to increase.

According to data from SMM, the total production of SiMn alloy in China in June 2025 increased by approximately 1% MoM, but decreased by nearly 30% YoY. The main reason for the MoM increase was the maintenance of high operating rates in cost-advantageous regions such as Inner Mongolia, with production in other north China regions also remaining basically stable. Additionally, production in Yunnan and other regions slightly increased due to electricity tariff discounts during the rainy season; some enterprises in Guangxi increased their production schedules due to order growth.
Looking ahead to July, most enterprises in north China expect production fluctuations to be relatively small, while in south China, due to continued electricity tariff discounts, some enterprises plan to resume production, with overall production expected to increase.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

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