South Korea: Ferro manganese exports drop 17% m-o-m in Sep’22

  • South Korea’s ferro manganese exports dropped by 17% m-o-m to 11,294 t in Sept’22 against 13,639 t in Aug’22, as per SteelMint’s customs data.
  • Export volumes decreased amid weak demand against the backdrop of stainless steel production cuts globally.
  • Key importers were USA (5,000 t), the Netherlands (1,311 t), and Brazil (1,036 t).
  • Export volumes in Q3CY22 stood at 35,862 t, down 29% compared to 50,786 t in Q2CY22.