Forecast: Ferromanganese Production in Blast Furnace in China

In 2023, ferromanganese production in China stood at an estimated 156.30 thousand metric tons. Based on forecasts, production is expected to decrease steadily from 2024 to 2028. In 2024, production is forecasted at 141.53 thousand metric tons, decreasing by 10% from the previous year. Subsequent years show a continued decline with output at 126.65 thousand metric tons in 2025 (-10.5%), 112.08 thousand metric tons in 2026 (-11.5%), 97.79 thousand metric tons in 2027 (-12.8%), and 83.79 thousand metric tons in 2028 (-14.3%). This represents a compound annual growth rate (CAGR) of -12.7% over the five-year period.

Future trends to watch include:

  • Potential shifts in China's steel industry demand, which directly influences ferromanganese production.
  • Technological developments aimed at reducing emissions and increasing energy efficiency in blast furnaces.
  • Impact of environmental policies and regulations that may accelerate the transition to alternative ferroalloy production methods.

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