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Manganese Price Today

Manganese ore and alloys used in steel production for strength and hardness.

Last updated: June 1, 2026

1,575.26
USD/MT
+1.16%
24h change
+1.46%
7-day change
+7.75%
30-day change
30-Day Price Trend
About Manganese

Manganese is an essential steelmaking element — virtually all steel contains manganese to improve strength and hardness. It is also an important battery cathode material for emerging EV chemistries.

Common Grades & Types
Mn Ore 44% (CIF China)
Standard seaborne manganese ore benchmark.
High Carbon FeMn (HC FeMn)
Ferromanganese alloy (75–80% Mn), most common steelmaking additive.
Silicomanganese (SiMn)
Alloy of Mn, Si, and Fe. Used in steel deoxidation.
Electrolytic Manganese Metal (EMM)
Very high purity (99.7%+), used in specialty alloys and batteries.
Key Applications
  • Steelmaking deoxidation and alloying (~90% of demand)
  • Battery cathodes (LMFP, NMX chemistries)
  • Manganese sulphate for EV batteries
  • Non-ferrous alloys (aluminium, copper)
What Drives Manganese Prices
  • 1Steel production volumes (global EAF output)
  • 2South African and Gabon ore supply
  • 3Chinese smelter output
  • 4Seaborne freight rates
  • 5Battery demand for high-purity grades
Frequently Asked Questions

Historical Prices
Last 30 days — USD/MT
DatePriceDaily Change
Jun 1, 20261,575.26+1.16%
May 31, 20261,557.18+0.51%
May 30, 20261,549.28+0.05%
May 27, 20261,548.44-1.72%
May 26, 20261,575.46+0.03%
May 25, 20261,574.95+0.51%
May 24, 20261,566.99+0.93%
May 22, 20261,552.60+0.74%
May 20, 20261,541.12+0.21%
May 19, 20261,537.94+0.34%
May 18, 20261,532.77-0.21%
May 17, 20261,536.04+1.02%
May 16, 20261,520.50+0.63%
May 15, 20261,511.05+0.36%
May 14, 20261,505.64+1.14%
May 13, 20261,488.67+0.46%
May 12, 20261,481.87-0.25%
May 10, 20261,485.56+1.29%
May 9, 20261,466.63+0.26%
May 8, 20261,462.83+0.89%
May 7, 20261,449.92-1.42%
May 6, 20261,470.78+0.53%
May 5, 20261,463.02-0.78%
May 4, 20261,474.59-0.09%
May 3, 20261,475.96+0.96%
May 2, 20261,461.90—
Current Price
1,575.26
USD/MT
24h
+1.16%
7d
+1.46%
30d
+7.75%
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Prices are indicative and updated daily. Not for use as binding contract prices.