Ferro Manganese Global Market Report 2026

Ferro manganese, a ferroalloy characterized by its elevated manganese concentration, is commonly employed as a ladle addition alongside ferrosilicon in the steelmaking process. It serves as a vital raw material in the manufacturing of metal and steel-related products, playing a significant role in the production of ceramics as well.

Ferro manganese is produced through various methods, yielding different product types such as alloy steel, carbon steel, cast iron, and stainless steel. Alloy steel, which incorporates elements such as magnesium, manganese, chromium, nickel, vanadium, silicon, and boron, is a specialized form of steel used in the fabrication of environmentally friendly grade ferro manganese alloy and stainless steel. The diverse grades of ferro manganese available, including high carbon FeMn, medium carbon FeMn, and low carbon FeMn, are distributed through channels such as distributors and direct sales. These grades find applications in alloying element additives, casting, deoxidization, desulfurization, and welding, catering to the needs of chemical, metallurgical, and steel industries.

Note that the outlook for this market is being affected by rapid changes in trade relations and tariffs globally. The report will be updated prior to delivery to reflect the latest status, including revised forecasts and quantified impact analysis. The report's Recommendations and Conclusions sections will be updated to give strategies for entities dealing with the fast-moving international environment.

Tariffs on ferroalloys, manganese ores, and steel-related raw materials have impacted the ferro manganese market by increasing import costs and affecting supply chains. Segments such as high-carbon and low-carbon feMn, alloying element additives, and regions including asia-pacific and europe are most affected. Positive impacts include promotion of domestic production, enhanced local sourcing strategies, and stimulation of innovation in sustainable and high-quality alloy manufacturing.

The ferro manganese market research report is one of a series of new reports from The Business Research Company that provides ferro manganese market statistics, including ferro manganese industry global market size, regional shares, competitors with a ferro manganese market share, detailed ferro manganese market segments, market trends and opportunities, and any further data you may need to thrive in the ferro manganese industry. This ferro manganese market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.

The ferro manganese market size has grown strongly in recent years. It will grow from $17.26 billion in 2025 to $18.14 billion in 2026 at a compound annual growth rate (CAGR) of 5.1%. The growth in the historic period can be attributed to growth of steel production, increasing demand from metallurgy industry, adoption in cast iron and carbon steel manufacturing, rising chemical industry applications, development of high-carbon and medium-carbon feMn.

The ferro manganese market size is expected to see strong growth in the next few years. It will grow to $22.48 billion in 2030 at a compound annual growth rate (CAGR) of 5.5%. The growth in the forecast period can be attributed to increasing alloy steel production, growth of stainless steel industry, rising demand in welding applications, expansion of global distribution networks, adoption in emerging markets for construction and infrastructure. Major trends in the forecast period include rising demand for high-quality steel production, adoption of advanced metallurgical processes, focus on eco-friendly and low-emission manufacturing, increased use of ferro manganese in alloying and casting, expansion of distribution channels and direct sales models.

The rising demand for stainless steel is anticipated to drive the growth of the ferro-manganese market in the future. Stainless steel is an alloy characterized by its corrosion resistance, containing at least 10.5% chromium. Ferro-manganese is primarily used in the production of silicon manganese for flattened steel, titanium-rich steel, and stainless-steel products. As the demand for stainless steel grows across various sectors, including construction, automotive, and consumer goods, the ferro-manganese market is expected to expand. For example, the World Steel Association, a non-profit organization based in Belgium, reported in April 2024 that global steel demand is projected to increase by 1.7% in 2024, reaching 1,793 million tonnes, with further growth forecasted at 1.2% in 2025, bringing demand to 1,815 million tonnes. Thus, the increasing need for stainless steel is a key factor driving the growth of the ferro-manganese market.

Leading companies in the ferro manganese market are concentrating on developing low-carbon manganese alloy solutions to promote sustainability and help steelmakers meet decarbonization goals. Low-carbon manganese alloys are manufactured using decarbonized electricity and optimized production processes, which significantly reduce greenhouse gas emissions while maintaining the performance standards required for steelmaking. For example, in February 2025, Eramet S.A., a France-based mining and metallurgical company, introduced its eraLow brand of low-carbon manganese alloys. The eraLow range achieves a carbon footprint below 1.9 tons of CO2 per ton of alloy by leveraging decarbonized energy in Norway and France alongside highly efficient production operations. The products include third-party-verified carbon intensity assurance and are tracked through Eramet's eraTrace blockchain platform, providing full value chain transparency while assisting steel producers in lowering their overall environmental impact.

In June 2025, Khwelamet Pty Ltd, a South Africa-based company specializing in manganese alloy smelting and ferroalloy production, acquired the Metalloys manganese alloy smelter complex for an undisclosed sum. Through this acquisition, Khwelamet aims to strengthen South Africa's ferromanganese output by refurbishing and gradually restarting the smelter's production capacity, supporting local industrialization while leveraging its manganese supply chain and operational expertise. Metalloys is a South Africa-based producer of ferromanganese and other manganese alloy products essential to the steelmaking industry.

Major companies operating in the ferro manganese market report are Tata Steel Limited, Vale SA, Eramet Group, Eurasian Resources Group Sarl, Ferroglobe plc, Compania Minera Autlan S.A.B. De C.V., Anglo American plc, Consolidated Minerals Limited., MOIL Limited., Maithan Alloys Limited., Mizushima Ferroalloy Co. Ltd., Glencore plc, JFE Mineral & Alloy Company, Maringa Ferro-liga S.A., Monnet Group, Gulf Manganese Corporation Limited, China Minmetals Group Co. Ltd, Indian Metals and Ferro Alloys Limited, Sheng Yan Group, Rohit Ferro-Tech Limited, Shyam Ferro Alloys Limited, Visa Steel Limited, Adhunik Metaliks Limited, Shree Bajrang Alloys Limited, Sarda Energy & Minerals Limited, Ehui Group Co. Ltd.

Asia-Pacific was the largest region in the ferro manganese market in 2025. The regions covered in the ferro manganese market are Asia-Pacific, South East Asia, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

The countries covered in the ferro manganese market are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Taiwan, Russia, South Korea, UK, USA, Canada, Italy, Spain.

The ferro manganese market consists of sales of ferro silicon, silico manganese, ferro chrome, and ferro manganese. Values in this market are 'factory gate' values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors, and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.

The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD unless otherwise specified).

The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.

Ferro Manganese Market Global Report 2026 from The Business Research Company provides strategists, marketers and senior management with the critical information they need to assess the market.

This report focuses ferro manganese market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.

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Where is the largest and fastest growing market for ferro manganese ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward, including technological disruption, regulatory shifts, and changing consumer preferences? The ferro manganese market global report from the Business Research Company answers all these questions and many more.

The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, total addressable market (TAM), market attractiveness score (MAS), competitive landscape, market shares, company scoring matrix, trends and strategies for this market. It traces the market's historic and forecast market growth by geography.

• The market characteristics section of the report defines and explains the market. This section also examines key products and services offered in the market, evaluates brand-level differentiation, compares product features, and highlights major innovation and product development trends.
• The supply chain analysis section provides an overview of the entire value chain, including key raw materials, resources, and supplier analysis. It also provides a list competitor at each level of the supply chain.
• The updated trends and strategies section analyses the shape of the market as it evolves and highlights emerging technology trends such as digital transformation, automation, sustainability initiatives, and AI-driven innovation. It suggests how companies can leverage these advancements to strengthen their market position and achieve competitive differentiation.
• The regulatory and investment landscape section provides an overview of the key regulatory frameworks, regularity bodies, associations, and government policies influencing the market. It also examines major investment flows, incentives, and funding trends shaping industry growth and innovation.
• The market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
• The forecasts are made after considering the major factors currently impacting the market. These include the technological advancements such as AI and automation, Russia-Ukraine war, trade tariffs (government-imposed import/export duties), elevated inflation and interest rates.
• The total addressable market (TAM) analysis section defines and estimates the market potential compares it with the current market size, and provides strategic insights and growth opportunities based on this evaluation.
• The market attractiveness scoring section evaluates the market based on a quantitative scoring framework that considers growth potential, competitive dynamics, strategic fit, and risk profile. It also provides interpretive insights and strategic implications for decision-makers.
• Market segmentations break down the market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth.
• Expanded geographical coverage includes Taiwan and Southeast Asia, reflecting recent supply chain realignments and manufacturing shifts in the region. This section analyzes how these markets are becoming increasingly important hubs in the global value chain.
• The competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The company scoring matrix section evaluates and ranks leading companies based on a multi-parameter framework that includes market share or revenues, product innovation, and brand recognition.

Scope

• Markets Covered:1) By Production Methods: Carbothermic Reduction (Blast Furnace); Submerged Arc Furnace (SAF) Process; Electric Arc Furnace (EAF) Process; Silicothermic Reduction Process; Refining-Based Production
• 2) By Grade: High Carbon FeMn; Medium Carbon FeMn; Low Carbon FeMn
• 3) By Sales Channels: Distributor; Direct Sales
• 4) By Applications: Alloying Element Additive; Casting; Deoxidizer; Desulfurizer; Welding
• Subsegments:
• 1) By Carbothermic Reduction (Blast Furnace): High-Carbon Ferro Manganese; Standard-Grade Ferro Manganese
• 2) By Submerged Arc Furnace (SAF) Process: High-Carbon Ferro Manganese; Medium-Carbon Ferro Manganese; Standard Bulk Ferro Manganese
• 3) By Electric Arc Furnace (EAF) Process: Medium-Carbon Ferro Manganese; Low-Carbon Ferro Manganese; Refined Ferro Manganese
• 4) By Silicothermic Reduction Process: Low-Carbon Ferro Manganese; Ultra-Low Carbon Ferro Manganese; Specialty Grade Ferro Manganese
• 5) By Refining-Based Production: Converter-Refined Ferro Manganese; Ladle-Refined Ferro Manganese; Controlled-Carbon Ferro Manganese
• Companies Mentioned: Tata Steel Limited; Vale SA; Eramet Group; Eurasian Resources Group Sarl; Ferroglobe plc; Compania Minera Autlan S.A.B. De C.V.; Anglo American plc; Consolidated Minerals Limited.; MOIL Limited.; Maithan Alloys Limited.; Mizushima Ferroalloy Co. Ltd.; Glencore plc; JFE Mineral & Alloy Company; Maringa Ferro-liga S.A.; Monnet Group; Gulf Manganese Corporation Limited; China Minmetals Group Co. Ltd; Indian Metals and Ferro Alloys Limited; Sheng Yan Group; Rohit Ferro-Tech Limited; Shyam Ferro Alloys Limited; Visa Steel Limited; Adhunik Metaliks Limited; Shree Bajrang Alloys Limited; Sarda Energy & Minerals Limited; Ehui Group Co. Ltd.
• Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Taiwan; Russia; South Korea; UK; USA; Canada; Italy; Spain.
• Regions: Asia-Pacific; South East Asia; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
• Time Series: Five years historic and ten years forecast.
• Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita,
• Data Segmentations: country and regional historic and forecast data, market share of competitors, market segments.
• Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
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