India’s manganese ore imports rose marginally by 4% y-o-y to 5.35 million tonnes (mnt) in calendar year 2023 (CY’23) compared to 5.14 mnt recorded in CY’22, as per data maintained with BigMint. South Africa emerged as the largest supplier with 3.2 mnt followed by Gabon (1.7 mnt) and Australia (0.31 mnt). However, imports to Visakhapatnam port fell from 2.82 mnt in CY’22 to 2.77 mnt in CY’23 due to high power tariffs. Notably, many mills in Vizag had to cut or stop production amid high power tariffs.
