Current SiMn market is gloomy, and the transaction volume is going weak. Some of silico-manganese steel mills began to cut the purchase price and quantity, because steel material price kept dropping. At the sometime, traders also stopped purchasing to watch the market, which gradually lead to more Si-Mn inventories. A number of Si-Mn manufacturers improve production processes and reduce the imported manganese ore production ratio, or cut stock prices to promote sales and consume inventory, or limite production to reduce risk.
   According to Si-Mn steel procurement, it can be speculated that stock is adequate. Some steel mils cut sale price frequently, and it is expected to that they will continue give pressure on ferroalloy price including silicon manganese.