Pursuit of profit, strong demand contribute to China’s silico-manganese oversupply

摘要

The pursuit of profit and strong demand from downstream sectors have jointly contributed to the excess capacity and production oversupply of silico-manganese in China in recent years, delegates have heard at Fastmarkets’ International Ferro-alloys Conference. “More large furnaces have been built in recent years after alloy smelters made profits in the preceding few years,” Jian Zhou, chairman of Guangxi Guikang New Materials, told delegates during the conference, which is being held online.