SMM has conducted a survey on the impact of the power rationing on the manganese industry. Let’s see what impact the policy has on the entire industry chain.
SHANGHAI, Sep 28 (SMM) - SMM has conducted a survey on the impact of the power rationing on the manganese industry. Let’s see what impact the policy has on the entire industry chain.
Regions implementing power rationing
Inner Mongolia, Ningxia, Guangxi, Guizhou
Brief on power rationing
On September 23, the Ulanqab Power Grid issued the estimated shortages of the system and an early warning of orderly power consumption for September 23-27. The Ulanqab Power Grid expected the power shortages to stand at 8.89 million kWh, 7.49 million kWh, 4.39 million kWh, 7.09 million kWh and 6.09 million kWh, respectively, from September 23-27. Off-peak and orderly power consumption is required to be implemented with the quotas of 3.88 million kWh, 3.72 million kWh, 2.86 million kWh, 3.72 million kWh and 3.61 million kWh, respectively.
Impact and analysis on the supply side
The key producing areas of silico-manganese alloys, including Inner Mongolia, Ningxia, Guangxi and Guizhou, have been affected to different degrees by the power rationing and production restriction policy. The consumption of manganese ore was slow. The prices of manganese ore were relatively stable in the middle of the month. As the prices of downstream silico-manganese alloy continued to rise, the prices of manganese ore also climbed at the end of the month.
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Read Full Story: https://news.metal.com/newscontent/101610090/how-the-power-rationing-will-affect-manganese-supply-and-prices
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