India's manganese imports plummet: A 20% drop in H1FY26!
A significant decline in India's manganese ore imports has industry experts talking. According to BigMint, imports fell to approximately 3 million tonnes (mnt) in the first half of the fiscal year 2025-26 (H1FY26), a 20% decrease compared to the same period last year. This drop is a stark contrast to the country's manganese demand growth of over 55% from FY21 to FY25.
But here's where it gets interesting: South African ore exports, a major source for India, also decreased by 8% in H1FY26. This raises questions about the global manganese market dynamics. Are cost pressures affecting production and exports worldwide? And how will this impact India's alloys industry?
The decline in imports suggests a potential shift in India's manganese sourcing strategy. With cost pressures mounting, the industry may need to adapt quickly. The full article, available on Mysteel Global, could shed more light on this intriguing development.
What do you think is driving this sudden drop in manganese imports? Is it a temporary blip or a sign of deeper changes in the global market? Share your insights and let's explore this intriguing topic further!
