The global 1.8bn t/yr seaborne iron ore market is expected to remain in a supply deficit in early 2021.

Thr production of magnesium in 2021 was expected to be around 955 thousand tons, and domestic consumption was expected to be around 503.5 thousand tons.

The 2105 ferrosilicon contract price on ZCE closed at 7930 yuan per ton on January 13.

China produced 770.7 thousand tons of premiary magnesium in 2020.

In Jan-Nov, 2020, China exported a total of 353.1 thousand tons of magnesium products.

The 2105 ferrosilicon contract price on ZCE closed at 7620 yuan per ton on January 12.

In the week ending on January 9, 2021, US domestic raw steel production was 1,709,000 net tons.

Siliconmanganese prices have risen this week