[SMM Manganese Ore Weekly Review] Overseas Market Manganese Ore Offers Remain Stable, Manganese Ore Market Consolidates

Published: Aug 29, 2025 16:33

Save

August 29 (SMM) - Northern ports: Australian lump ore was at 40.3-40.8 yuan/mtu, flat WoW; South African semi-carbonate ore stood at 34.2-35.7 yuan/mtu, down 1.15% WoW; Gabonese ore was at 39.1-39.9 yuan/mtu, unchanged WoW; South African high-iron ore was at 29.4-29.9 yuan/mtu, flat WoW; South African medium-iron ore was at 35.1-35.6 yuan/mtu, steady WoW. Southern ports: Australian lump ore was at 39.8-40.5 yuan/mtu, flat WoW; South African semi-carbonate ore was at 36.3-36.8 yuan/mtu, down 0.54% WoW; Gabonese ore was at 39.6-40.1 yuan/mtu, unchanged WoW; South African high-iron ore was at 30.5-31 yuan/mtu, steady WoW; South African medium-iron ore was at 36.5-37.2 yuan/mtu, flat WoW. Manganese ore market activity declined slightly, with sluggish inquiries. The manganese ore market operated in consolidation.

August 29 (SMM) - Northern ports: Australian lump ore was quoted at 40.3-40.8 yuan/mtu, flat WoW; South African semi-carbonate ore at 34.2-35.7 yuan/mtu, down 1.15% WoW; Gabon ore at 39.1-39.9 yuan/mtu, flat WoW; South African high-iron ore at 29.4-29.9 yuan/mtu, flat WoW; South African medium-iron ore at 35.1-35.6 yuan/mtu, flat WoW.

Southern ports: Australian lump ore was quoted at 39.8-40.5 yuan/mtu, flat WoW; South African semi-carbonate ore at 36.3-36.8 yuan/mtu, down 0.54% WoW; Gabon ore at 39.6-40.1 yuan/mtu, flat WoW; South African high-iron ore at 30.5-31 yuan/mtu, flat WoW; South African medium-iron ore at 36.5-37.2 yuan/mtu, flat WoW.

Manganese ore market activity slowed, with sluggish inquiries. The manganese ore market consolidated.

Supply side, Consolidated Minerals Ltd (CML) offered Australian lump ore to China at $4.57/mtu for October 2025, while Comilog quoted Gabon lump ore at $4.27/mtu for the same period, both flat MoM. The stabilized overseas offers provided strong cost support for both spot and forward manganese ore, leaving miners reluctant to sell at low prices. Currently, the manganese ore market consolidated. Future attention should be paid to manganese ore shipment arrivals.

Demand side, the SiMn market was in the doldrums this week. Most plants operated under production schedules, fulfilling hedging orders from early August and steel mill contracts, maintaining purchasing as needed while still attempting to drive down prices.

Overall, with miners reluctant to sell at low prices and downstream SiMn plants still trying to drive down prices, the manganese ore market consolidated. Future price trends will depend on manganese ore shipment arrivals and downstream demand.

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.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

15 hours ago

Beijing Launches 500-kV Power Project in Fengtai, Boosting Grid Resilience and Industrial Growth

On January 28th, the construction of the 500-kilovolt power transmission and transformation project in Fengtai, Beijing officially started. This project is the first newly-built 500-kilovolt power grid project in Beijing during the 15th Five-Year Plan period. It will significantly enhance the resilience and power receiving capacity of the southern Beijing power grid and provide reliable power support for Beijing to continuously optimize the investment structure and vigorously develop high-end, precise, and cutting-edge industries. The 500-kilovolt power transmission and transformation project in Fengtai, Beijing is a key project of Beijing's power grid during the 15th Five-Year Plan period and one of the "3 100" key projects in Beijing this year. It is constructed and managed by the State

15 hours ago

Shaanxi-Anhui UHV DC Project's 500-kV AC System at Hezhou Station Begins Operation After Trial Run

On February 1st, the 500-kilovolt AC system of the Hezhou Converter Station, the receiving-end station of the ±800-kilovolt UHV DC power transmission project from northern Shaanxi to Anhui, was officially put into operation after a 24-hour trial run.

15 hours ago

750-kV Power Line Connecting Northern to Central Shaanxi Fully Operational

On February 2nd, the 750-kilovolt power transmission and transformation project of the third passageway from northern Shaanxi to central Shaanxi was fully connected. The project starts from the 750-kilovolt Shuofang Substation in Shenmu City in the north and ends at the 750-kilovolt Bailuyuan Substation in Lantian County in the south. It has newly built a 1,271-kilometer line, passing through 18 counties (districts) in 4 cities including Yulin, Yan'an, Weinan and Xi'an.

15 hours ago