The release of centralized production reduction information by 200 series steel mills puts pressure on the prospects of the manganese industry.

The release of centralized production reduction information by 200 series steel mills puts pressure on the prospects of the manganese industry.  Market participants predict that the production cuts of several Chinese stainless steel producers will put pressure on the spot manganese flake market in the short term.

 Manganese metal is mainly used in the production of 200 series stainless steel.  In response to the decline in steel prices, major producers have started to reduce production of 200 series stainless steel this month.