In 2023, high-carbon ferromanganese stocks in the US stood at 9.50 thousand metric tons. The forecast from 2024 to 2028 indicates a gradual decline, with values decreasing from 9.49 to 9.45 thousand metric tons. This represents a year-on-year decline of approximately 0.1% annually. Over the five-year forecast period, a compound annual growth rate (CAGR) of -0.11% is observed, signaling a stable but slightly decreasing trend in stock levels.
Future trends to watch for include potential shifts in demand triggered by changes in steel production, as ferromanganese is primarily used to deoxidize and desulfurize steel. Moreover, regulatory pressures for lower-carbon solutions and innovations in material engineering could significantly affect market dynamics.
