Not convinced. Ukraine is a large producer of ferro alloys, not Mn ore, and therefore is a large importer of manganese ore. If the plants get interrupted that manganese ore needs to go somewhere else or else there will be a surplus of supply and prices of Mn ore will drop. So any increase in metals price due to production impacts in Ukraine should, theoretically, be due to an anticipated shortage of alloys. At the same time, theoretically, demand for Mn ore should decrease because there is less production capacity.
But the Mn ore market is a strange beast and does not necessarily follow basic economic principles of supply & demand.
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