Tag: Eramet lowers 2024 manganese targets amid declining Chinese steel demand

Eramet has revised its 2024 targets for manganese activities in Gabon, reducing production estimates to 6-6.5 mnt (against 6.5-7 mnt previously) amid a significant drop in carbon steel output in China. This decline has led to oversupply, stemming from lower manganese ore purchases and higher low-grade ore supply from South Africa. In response, Eramet will…