Nation promotes electric arc furnaces as a viable alternative for better environmental protection.

The amount exceeded the previous record of 1.08 billion tons in 2017, said the General Administration of Customs.

"China has been the largest market for Vale since 2006 and has become more and more important to Vale in recent years," Xie said.

Although there is yet to be a clear definition, experts believe that industries of the future share the features of boasting leading-edge technologies and prospects for explosive growth.

Inquiry: 100 MT of Magnesium.

Quotation: FeSiCa Inoculant.

FOB quotation for Ferro Silicon Zirconium.

Quote: 1400 MT of FeSi Std.