Factors Affecting the Price of Manganese Silicon
1. Manganese ore prices.
As far as the main varieties of ferroalloys, manganese, chromium, and silicon are concerned, in addition to abundant domestic resources and low prices of silica, about one-third of manganese ore needs to be imported due to factors such as low domestic grade, high mining cost, and reserves. The proportion of manganese alloy production cost is relatively large; China’s chrome ore resources are extremely scarce, basically all rely on imports, and chrome ore occupies a relatively large proportion in the cost structure of ferrochrome.
2. Electricity and coke prices.
The production cost of ferromanganese alloy is mainly composed of the purchase cost of manganese ore, electricity and coke, among which the cost of manganese ore accounts for about 55%-60%, the cost of electricity accounts for about 20%-30%, and the cost of coke accounts for about 10%-15%. In addition, when many enterprises produce manganese ferroalloys, in addition to using domestic low-phosphorus, low-iron, low-sulfur, and low-silicon manganese ores, in order to improve the grade of raw materials, increase the recovery rate of manganese, reduce power consumption and production The cost needs to be smelted after purchasing part of the imported ore and mixing the domestic ore.
Factors affecting the price of ferrosilicon
1. The price of raw materials.
Ferrosilicon is a ferroalloy synthesized by processing silicon, iron and coke as raw materials, and its price is naturally affected by the prices of iron, silicon, coke and other raw materials. If the price of raw materials rises, the cost of synthetic ferrosilicon will increase, and the price of ferrosilicon will also rise accordingly.
2. ferrosilicon production.
The production of ferrosilicon determines the supply of ferrosilicon in the market, which will affect the market price of ferrosilicon.
3. Import and export volume.
The amount of import and export of ferrosilicon in my country will also affect the price of domestic ferrosilicon.
4. National policy.
A series of relevant policies issued by the state will also affect the price of ferrosilicon, such as environmental protection policies, import and export tariffs for ferrosilicon, etc.