SMM, January 24: According to SMM data, China's total SiMn alloy production in January 2025 decreased by approximately 5% MoM and over 10% YoY. The main reason for the reduction in January's SiMn production was the production cuts observed in both northern and southern SiMn plants. Specifically, Inner Mongolia maintained a high operating rate, and although there was some newly added capacity, the actual production release was limited. In Ningxia, production reductions were caused by maintenance at certain plants. Additionally, in south China, due to the shortage of manganese ore at southern ports and rising raw material prices, SiMn production costs remained high. Affected by production pressure, most SiMn plants that had previously halted production currently have no production resumption plans. In Guangxi, although some small SiMn plants resumed production, the increase was less than the reduction. Overall, the reduction in SiMn production outweighed the increase, resulting in a decline in China's total SiMn production in January.
Entering February, some SiMn plants are expected to undergo maintenance around the Chinese New Year, leading to a slight decrease in production. Furthermore, due to the fewer calendar days in February, SiMn production is expected to decline, with China's total SiMn production showing a reduction in February.
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