Where to find live SiMn prices
Primary sources onlyTSM does not display real-time SiMn quotes on this page — instead, we link directly to the regulated exchanges and benchmark price-reporting agencies (PRAs) that produce the actual numbers. One True Source for All: where the data originates, that is where you should read it.
- NoteNo regulated futures contract for ferroalloys on any major exchange
- Benchmark administrator (PRA)Fastmarkets — SiMn in-warehouse Rotterdam, CIF Japan/Korea, US assessments ↗
- Benchmark administrator (PRA)Argus Media — silicomanganese prices ↗
- Benchmark administrator (PRA)Platts / S&P Global — SiMn assessments ↗
- Benchmark administrator (PRA)SMM (Shanghai Metals Market) — Chinese domestic spot (CNY) ↗
- Industry associationInternational Manganese Institute (IMnI) — industry statistics ↗
Exchange access is free for delayed prices on most LME/SHFE/CME pages; live tick-by-tick data and PRA assessments are paid subscriptions sold by the exchange or by Fastmarkets / Argus / S&P Global Platts directly. See TSM Sources methodology for the full source tiering.
About Silicomanganese (SiMn)
Editorial · sourcedWhat is silicomanganese?
Silicomanganese (SiMn) is an iron-silicon-manganese ternary alloy carrying typically 65-68% Mn, 14-21% Si and 1.5-3% C. It is produced in submerged-arc electric furnaces from manganese ore + quartz + coke. SiMn is preferred over FeMn whenever the steelmaker also needs silicon deoxidation in a single addition (most carbon and low-alloy steel grades). Per International Manganese Institute (IMnI), global SiMn production is approximately 16-18 Mt/yr — substantially larger than the ~6 Mt/yr of high-carbon FeMn, making SiMn the single largest-tonnage ferroalloy on Earth.
How SiMn is priced
SiMn has no regulated futures contract. Pricing is by daily/weekly assessment from Fastmarkets, Argus, Platts / S&P Global and SMM — published as in-warehouse Rotterdam (US dollars per metric ton, Mn-content basis), CIF Japan/Korea/SE Asia and US Gulf assessments. Large contract tonnage is negotiated quarterly between integrated producers (Eramet, South32, Assmang, ChEMK) and major rebar/HRC mills. SiMn price tracks the manganese ore market more directly than FeMn does, because SiMn furnaces accept lower-grade ore.
Where SiMn is produced
SiMn production is concentrated in China (~60-65% of world tonnage, supplying domestic rebar/HRC mills), India, Ukraine (historically Nikopol, disrupted post-2022), Norway (Eramet Sauda, TIZIR Tyssedal), Russia (ChEMK, Mechel Bratsk), Malaysia (OM Sarawak), South Africa (Assmang Cato Ridge, Metalloys), Georgia and Brazil. Per USGS MCS 2026 Manganese, US apparent SiMn imports in 2025 were ~310 kt — the import source basket largely overlaps with FeMn.
Who produces SiMn
The SiMn producer base overlaps significantly with FeMn (most smelters can swing between the two):
- Eramet — Sauda (Norway), Moanda + Comilog (Gabon, integrated mine-to-alloy).
- South32 — Metalloys (South Africa), TEMCO (Tasmania).
- Assmang — Cato Ridge (South Africa).
- OM Holdings — OM Sarawak (Malaysia).
- ChEMK / Челябинский электрометаллургический комбинат — Russia, largest ferroalloy producer in CIS.
- Mechel — Bratsk Ferroalloy Plant (Russia).
- Maithan Alloys — India (one of the largest Indian SiMn producers).
- Tsingshan and other Chinese smelters — fragmented domestic base feeding SHFE-linked rebar/HRC mills.
What SiMn is used for
SiMn is the workhorse deoxidant-plus-alloy addition for carbon and low-alloy steelmaking — particularly for long products like rebar and wire rod where both Mn and Si are required in the finished steel. A single SiMn addition replaces two separate FeMn + FeSi additions, simplifying ladle metallurgy. SiMn consumption tracks rebar production directly, which is why Chinese SiMn output is roughly proportional to SHFE rebar futures volumes. Roughly 90% of SiMn flows into carbon steel; the remainder feeds alloy and tool steels.
Key facts about SiMn supply
- SiMn is the single largest-tonnage ferroalloy globally (~16-18 Mt/yr) — ahead of FeMn (~6 Mt), FeCr (~13 Mt), FeSi (~9 Mt) and FeNi/NPI combined.
- Manganese is on the USGS 2025 Critical Minerals list; the EU lists battery-grade Mn as a Strategic Raw Material.
- The Ukrainian SiMn industry (Nikopol, Stakhanov) was historically a top-5 global producer; output has been materially disrupted since 2022.
- Reserves: see parent Manganese page for Mn-ore reserves country-by-country.