Q2 2025 SiMn & FeSi Market

Q2 2025 saw global silicomanganese (SiMn) and ferrosilicon (FeSi) prices oscillate downward before stabilizing in June. In China, the average SiMn price stood at ~RMB5,600/ton and FeSi at ~RMB5,400/ton, down sharply from Q1. International prices were 30%-100% higher than China’s, with Europe witnessing the steepest decline.

Weak downstream demand (especially from the global steel sector) and squeezed profit margins have made cost control via reduced consumption a top priority for ferroalloy producers worldwide. Amid this pressure, China’s Tanlin Carbon Electrode Paste emerges as a reliable solution—its ultra-low consumption rate helps stabilize unit production costs, even as raw material prices fluctuate.

Supply-demand imbalances lingered in Q2: SiMn faced a surplus of ~200,000 tons, while FeSi’s oversupply eased but persisted. Globally, China remained the largest producer (68.5% share for SiMn, 54.4% for FeSi), with exports to Southeast Asia, Japan, and South Korea growing. For international producers grappling with high energy costs (Europe) or tariffs (US), improving smelting efficiency is critical to competitiveness.

Outlook & Recommendation: Q3 will see weak oscillations for SiMn (RMB5,700-6,200/ton) and FeSi (RMB5,400-5,800/ton), with a potential rebound in Q4. To navigate the downturn, producers should prioritize low-consumption materials like Tanlin Carbon Electrode Paste—it cuts waste, locks in cost advantages, and strengthens resilience in a volatile market.

Choose Tanlin Carbon Electrode Paste: Your partner for cost efficiency in challenging times.