World steel consumption is likely to decline by 2.2pc in 2020, the OCE said.

U.S. imported a total of 1,370,000 net tons (NT) of steel in November 2020.

Crude Steel Production down slightly YoY in Hebei, China in November, 2020.

In the week ending on December 19, 2020, US domestic raw steel production was 1,619,000 net tons while the capability utilization rate was 73.2 percent.

China's steel industry is expected to keep growing in 2021.

U.S. imported a total of 1,370,000 net tons (NT) of steel in November 2020.

The 2105 ferrosilicon contract price on ZCE closed at 6982 yuan per ton on December 23.

China's crude steel output is likely to rise to 1.1bn t in 2021 to meet demand.