China's Mn alloy overcapacity continues building
October 4, 2024
China's Mn alloy overcapacity continues building, while domestic steel production drops.
From 2011 to 2020, steel production and Mn alloy capacity & production rose at a similar pace (4 to 5% CAGR) in China But since 2020, China's Mn alloy capacity expanded by 3% CAGR, while steel production contracted by 2% CAGR.