Manganese traded flat at 29.45 CNY/mtu on July 4, 2025. Over the past month, Manganese's price has fallen 0.34%, and is down 17.62% compared to the same time last year, according to trading on a contract for difference (CFD) that tracks the benchmark market for this commodity. Manganese Ore - values, historical data, forecasts and news - updated on July of 2025.

In 2024, the price for one metric ton of manganese ore in the United States, containing 44 percent manganese content, cost, insurance, and freight (CIF) costs, came to an estimated five U.S. dollars. The CIF (Cost Insurance and Freight) indicates that the seller has to pay for shipping to the destination specified in the Incoterms (defines the seller’s and buyer’s respective obligations and responsibilities, in international trade). They also have to buy insurance to cover the risks of transporting goods to the destination.

Explore the dynamic factors influencing manganese ore prices, including supply-demand dynamics, production costs, economic conditions, and geopolitical events. Discover how China's consumption, steel industry demand, and technological advancements impact market trends and pricing volatility, providing insights for investors and stakeholders.

This article explores the various factors influencing manganese ore prices in 2023, including global steel demand, economic conditions, and environmental policies. It discusses the price fluctuations within the range of $150 to $250 per metric ton and the impact of new technology demands on pricing. Understanding these influences is crucial for stakeholders navigating the dynamic market.

Global manganese prices are expected to remain flat at around 4.5 U.S. dollars per metric ton unit CIF between 2020 and 2022. This would be a stark contrast to the time period between 2016 and 2019, when volatility was roiling the market. Recently, there has also been a widening gap between low- and high-grade manganese ore variants. A critical material     An essential agent in steelmaking, manganese is most commonly used to improve either the strength or ductility of steel. In order to produce steel, the United States imports approximately 700,000 metric tons of metals, ferroalloys, and selected chemicals containing manganese every year. In 2018, 100 percent of the manganese used in the United States was imported from other countries. The commodity is thus listed as a critical material by the U.S. Geological Survey. Australia, South Africa, Brazil, China, and Gabon are among the main producers of manganese ore. Other uses    However, metallurgy is not the only application where this critical material is used: battery making is the most important other application involving manganese, which is used in some lithium-ion and alkaline batteries.

Manganese stock price, live market quote, shares value, historical data, intraday chart, earnings per share and news.

The global manganese ore and concentrate market expanded significantly to $13.5B in 2024, increasing by 14% against the previous year. The market value increased at an average annual rate of +1.9% from 2012 to 2024; the trend pattern remained relatively stable, with only minor fluctuations being observed throughout the analyzed period. Global consumption peaked in 2024 and is expected to retain growth in the immediate term.

As of October 2024, the price of manganese in Ghana was realized at 48.73 U.S. dollars per metric ton, a decrease compared to the same period in 2023. Moreover, the price of this commodity peaked in April 2018 at 74.55 U.S. dollars per metric ton, whereas it was lowest in July and September 2024 at 48.23 U.S. dollars per metric ton. Overall, Ghana is one of the leading manganese-producing countries in the world.

Explore the factors affecting manganese ore prices, including global steel industry demand, supply disruptions from key mining regions, currency exchange rates, technological advancements, and market speculation.

The manganese ore market is experiencing robust growth, driven by the increasing demand from steel and other metallurgical industries. While precise figures for market size and CAGR are unavailable, a reasonable estimation, based on industry reports and trends, would place the 2025 market value at approximately $15 billion, with a Compound Annual Growth Rate (CAGR) of around 5% projected for the forecast period (2025-2033). This growth is fueled by several key factors, including the expansion of the global steel industry, particularly in developing economies like India and China, and the rising adoption of manganese alloys in various applications such as batteries, fertilizers, and chemical manufacturing. Furthermore, ongoing technological advancements in manganese extraction and processing are contributing to improved efficiency and reduced costs. However, the market faces some challenges. Fluctuations in raw material prices, environmental concerns related to mining operations, and geopolitical factors impacting supply chains are potential restraints on market expansion. The competitive landscape is relatively consolidated, with major players like BHP Billiton, Vale, and Eramet Comilog holding significant market shares. Smaller companies and regional players like MOIL Ltd and Dharni Sampda Private Ltd also contribute, creating a diverse market structure. Future market growth will likely hinge on sustainable mining practices, technological innovation to mitigate environmental impacts, and strategic partnerships to secure raw material supplies and navigate geopolitical risks. Geographical distribution will continue to reflect existing resource concentrations, with regions possessing abundant manganese ore deposits retaining strong market positions. The ongoing shift towards electric vehicles and energy storage solutions could further drive manganese ore demand in the coming years, presenting exciting opportunities for industry participants.

The global manganese ore processing line market, valued at $423 million in 2025, is projected to experience steady growth, driven by the increasing demand for manganese in steel production and other industrial applications. A Compound Annual Growth Rate (CAGR) of 2.7% from 2025 to 2033 indicates a continuous, albeit moderate, expansion. Key drivers include the burgeoning construction and infrastructure sectors globally, particularly in developing economies experiencing rapid urbanization. Furthermore, the growing adoption of electric vehicles (EVs) and the associated demand for high-strength steel further fuels market growth, as manganese is a crucial alloying element. Market segmentation reveals a significant share held by the fixed type manganese ore processing lines, favored for their stability and higher processing capacity compared to mobile counterparts. The mining application segment dominates, reflecting the primary source of manganese ore. However, increasing diversification into metallurgy and other applications is expected to contribute to future growth. Geopolitically, regions like Asia-Pacific (particularly China and India), known for their substantial steel production and manganese reserves, are anticipated to hold a significant market share, while North America and Europe are expected to maintain stable growth driven by established industrial bases. Competitive dynamics are characterized by a mix of established players and regional manufacturers, leading to both price competition and technological innovation within the sector. The market's growth trajectory is influenced by several factors. While the aforementioned drivers create positive momentum, potential restraints include fluctuations in manganese ore prices, the environmental impact of manganese mining and processing, and the availability of skilled labor. Technological advancements in automation and process optimization will likely be key competitive factors, influencing efficiency and profitability. Furthermore, the increasing focus on sustainable mining practices and environmental regulations will shape future investment decisions and potentially alter the competitive landscape. Companies will need to adapt to changing demands by investing in greener technologies and improving supply chain resilience to capitalize on future growth opportunities. The projected market size for 2033 can be estimated by applying the CAGR to the 2025 value, although precise figures would require a more detailed market analysis with specific industry data points.

Price for Manganese Ore and Concentrate in Italy - 2023. Find the latest marketing data on the IndexBox platform.

The global manganese ore market size was worth more than USD 395.48 million in 2024 and is poised to witness a CAGR of around 6.4%, crossing USD 885.86 million revenue by 2037. Iron & Steel segment is forecast to account for 89% share by 2037, influenced by rising demand for manganese ore in iron and steel production, driven by growth in per capita steel consumption globally.

811 Global import shipment records of Manganese Ore Lumps with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

The manganese mining market, valued at approximately $15 billion in 2025, is projected to experience robust growth, driven by increasing demand from key sectors like metallurgy, chemicals, and electronics. The Compound Annual Growth Rate (CAGR) is estimated at 5%, indicating a steady expansion throughout the forecast period (2025-2033). This growth is fueled by several factors, including the rising production of steel (a major manganese consumer), the growing adoption of manganese-based alloys in advanced materials, and the expanding use of manganese in batteries for electric vehicles and energy storage systems. However, the market faces challenges including fluctuating ore prices, environmental regulations concerning mining operations, and geopolitical instability in key producing regions, potentially impacting supply chains. Segmentation analysis reveals that metallurgy dominates application-based consumption, while braunite and pyrolusite are the leading manganese ore types. Key players like Assmang, BHP, and Vale control significant market share, while emerging economies in Asia-Pacific are emerging as important growth regions. The historical period (2019-2024) likely reflects a period of moderate growth, followed by the projected acceleration in the forecast period, driven by the factors mentioned above. The geographical distribution of manganese mining is diverse, with significant production in countries like South Africa, Australia, Brazil, and China. North America and Europe, while possessing established industries, are likely to see slower growth compared to Asia-Pacific, particularly China and India, due to their rapid industrialization and substantial infrastructure development. Furthermore, technological advancements aimed at improving manganese extraction efficiency and reducing environmental impact are anticipated to positively affect the market. Competition among major players is likely to remain intense, pushing innovation and driving consolidation within the industry. The forecast period will see a continuous shift towards sustainable mining practices and increased focus on resource efficiency to address environmental concerns and secure long-term market stability. The overall outlook for the manganese mining market is positive, with substantial growth potential, although subject to the aforementioned challenges and global economic conditions.

China Manganese Ore & Chromium Ore Mining & Dressing: Cost of Sales: Year to Date data was reported at 17.401 RMB bn in Oct 2015. This records an increase from the previous number of 15.644 RMB bn for Sep 2015. China Manganese Ore & Chromium Ore Mining & Dressing: Cost of Sales: Year to Date data is updated monthly, averaging 8.923 RMB bn from Jan 2012 (Median) to Oct 2015, with 46 observations. The data reached an all-time high of 23.525 RMB bn in Dec 2014 and a record low of 1.585 RMB bn in Feb 2012. China Manganese Ore & Chromium Ore Mining & Dressing: Cost of Sales: Year to Date data remains active status in CEIC and is reported by National Bureau of Statistics. The data is categorized under China Premium Database’s Industrial Sector – Table CN.BGB: Ferrous Metal: Manganese Ore and Chromium Ore Mining and Dressing.

16027 Global import shipment records of Manganese Ore with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

59 Global export shipment records of Manganese Ore with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.

905 Global export shipment records of Mn Ore with prices, volume & current Buyer's suppliers relationships based on actual Global export trade database.