In 2020, crude steel output rose by 5.2 percent year on year to exceed 1.05 billion tonnes, according to the association.

Steel exports jumped 31.3 percent from a year earlier to 53.02 million tonnes during the period.

The 2201 ferrosilicon contract price on ZCE closed at 8306 yuan per ton on December 16.

Silicomanganese futures close at 7872 on December 16, a decrease of 1.35%

The 2201 ferrosilicon contract price on ZCE closed at 8238 yuan per ton on December 15.

Silicomanganese futures close at 7896 on December 15, a decrease of 2.97%

The 2201 ferrosilicon contract price on ZCE closed at 8356 yuan per ton on December 14.

Japan ferrosilicon (silicon≤55%) imports increase 245.73% YoY in October 2021.