【硅锰】成本已至“墙角”，供应启动减量，需求仍然待考，锰价突围路在何方？

Core Viewpoint - The silicon manganese market remains in a wait-and-see mode, with both bullish and bearish forces competing amid cost support and weak demand, preventing effective price breakthroughs [1] Price Trends - The price of silicon manganese 6517 in the northern market ranges from 5500 to 5600, while in the southern market, it ranges from 2220 to 2620 [1] - The silicon manganese 6517 alloy index in Hebei region is reported at 5735, down from 5765 [1] - Prices for Australian Mn42-43% and Mn45-46% remain stable at 39-41, while Gabonese Mn45% is steady at 40 [1] - South African semi-carbonate Mn36-37% prices are unchanged at 34.5 [1] Market Dynamics - Steel procurement is gradually taking place, with limited price fluctuations and retail transactions showing little progress, awaiting the performance of major steel mills' tenders [1] - The manganese market is characterized by ongoing competition between different market forces, raising questions about when a turning point may occur [1]