1. Decreased demand: The demand for low-carbon manganese iron in the market has decreased, possibly due to overcapacity in related industries, slowing economic growth, or the emergence of alternative products, among other reasons.
2. Raw material price decline: The price of raw materials required for the production of low-carbon manganese iron, such as manganese ore, has fallen, leading to a decrease in the cost of low-carbon manganese iron and consequently, a decline in its price.
3. Decreased export sales: The shrinking demand in export markets, as well as the increasing trade barriers, have led to a decrease in the export volume of low-carbon manganese, resulting in a decline in prices.
4. Excess capacity: The excess capacity of low-carbon manganese iron in the market has led to fierce industry competition and a decline in prices.
5. Changes in trade policies: Changes in trade policies, such as tariff adjustments, import and export restrictions, can also affect the price of low-carbon manganese iron.
