Manganese Ore Imports in India: A Surprising Decline
India's manganese ore imports took a surprising turn in the first half of the fiscal year 2026, dropping by 20% year-over-year (y-o-y). This significant decline, from 3.76 million tonnes (mnt) in the previous year to around 3 mnt in April-September 2025, has raised eyebrows in the industry. But what's behind this unexpected trend?
The answer lies in the complex dynamics of the global manganese market. While India's demand for manganese ore has been on an upward trajectory, reaching over 55% growth from FY21 to FY25, the cost pressures have put a damper on imports. South African ore exports, a major supplier to India, witnessed an 8% y-o-y decline in the first half of FY26, further impacting the country's import volumes.
This development has significant implications for the alloys production sector in India, which heavily relies on manganese ore imports. The cost pressures are likely to persist, affecting not only imports but also exports, as the market adjusts to these new dynamics.
But here's where it gets interesting. While the decline in imports may seem like a negative development, it could also signal a shift towards more sustainable and cost-effective production methods. As India's demand for manganese ore continues to grow, the market may witness a rebalancing, with producers focusing on efficiency and sustainability.
So, what does this mean for the future of India's manganese ore imports? Will the decline continue, or will the market find a new equilibrium? And how will this impact the alloys production sector? These are the questions that remain to be answered, and they will shape the future of India's manganese ore market.
To explore these questions further, take a free 7-day trial to Mysteel Global and read the full article. And don't forget to share your thoughts in the comments below. Do you think the decline in imports is a temporary blip or a sign of a lasting shift? We'd love to hear your insights!
