Tariffs on exports of products such as ferrosilicon, ferrochromium, and high-purity pig iron will be raised temporarily to a rate of 25 percent, 20 percent, and 15 percent, respectively.

The CEC in February forecast a year-on-year increase in electricity consumption of 6-7pc for 2021.

New Ferrosilicon and Ferrochrome Export Duty from 1st May 2021

Chinese steel futures closed at all-time highs on Monday, underpinned by robust demand and concerns over production curbs, while benchmark iron ore prices hit record highs, fuelled by structural supply shortage.

Chinese steel futures closed at all-time highs on Monday, underpinned by robust demand and concerns over production curbs, while benchmark iron ore prices hit record highs, fuelled by structural supply shortage.

Recently, Baotai 1.1 million tons stainless steel cold rolling project, which was signed and settled in Luoyuanwan, Fuzhou, has been put on record.

The progress plan of Jinbo Yu island port industrial park in Putuo District implemented by Zhejiang Tsingshan digital science and Technology Co., Ltd. under Tsingshan holding company has been disclosed recently.

Monthly centralized bidding transaction in Guangxi power market.