Three production cuts, in chrome ore, ferro-chrome and silico-manganese were announced on December 1 alone, although two of these were attributed to operational reasons.
In general, the theory is that producers are no longer prepared to sell at a loss, so they won’t sell at all.
But the theory is undermined by the fact that prices continue to fall, despite the supply cuts, which won't have an effect if there is no uptick in demand.
Leading manganese ore producer South32 announced in mid-November that its South African mines would remain closed
until January after a fatality led to a suspension on November 2.