The rise in manganese ore prices leads companies to reduce production of silicomanganese alloy

March 31, Inner Mongolia Baite Metallurgical Building Materials Co., Ltd. issued an official statement. Recently, the price of imported manganese ore has risen sharply, causing the production cost of the company's manganese alloy products to surge, leading to an overall loss. To avoid operational risks, starting from the night of March 31, the company will reduce production on one 42,000 KVA silicon-manganese alloy submerged arc furnace, resulting in a daily decrease of 300 tons of silicon-manganese alloy output.