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Manganese is an important metal for steel production. What are the top manganese-producing countries?
Manganese market volatility has become the norm for the top manganese-producing countries in recent years, and 2020 was no different.
After a sharp decline in 2019, COVID-19 lockdowns sent the manganese price soaring in May of last year before a crash brought it down in the second half of the 12 month period.
Looking forward into 2021 and beyond, the metal is strongly dependent on demand from China, which requires large amounts of electrolytic manganese to produce steel for construction. Interest in battery applications for manganese could also be a positive force moving forward.