Concerns Over Jeonhaemangan as the 'Second Urea Solution'... Government Conducts Emergency Supply Status Check

[Sejong=Asia Economy Reporter Kwon Haeyoung] As concerns grow that the production of electrolytic manganese metal (electrolytic manganese), essential for steel production, in China may significantly decrease next year, the government has launched an urgent inspection of the supply and demand of electrolytic manganese.

On the 14th, the Ministry of Trade, Industry and Energy held a joint 'Economic Security Core Items Task Force (TF) Electrolytic Manganese Inspection Meeting' with related ministries. South Korea imports most of its electrolytic manganese from China.

Earlier, on the 10th, the Ministry held an emergency meeting with the industry to discuss supply and demand trends related to electrolytic manganese and the industry's response plans. The industry believes that supply issues similar to those experienced with urea solution are unlikely in electrolytic manganese, but they are preparing response measures as supply instability could occur depending on changes in China's situation.

The government stated, "We will strengthen monitoring of supply and demand trends through overseas diplomatic missions and KOTRA, and maintain close contact with the industry to respond accordingly. Considering technical feasibility, we will actively review government stockpiling and, if necessary, explore other support measures."

This content was produced with the assistance of AI translation services.