Mainstream chromium futures prices rise sharply

The 2105 ferrosilicon contract price on ZCE closed at 7412 yuan per ton on January 15.

There were increases in demand for building materials this year, Pham Van Bac, Director of the ministry’s Department of Building Materials said.

The steel output of Hoa Phat Group, Vietnam’s leading steel producer, exceeded the 5-million-tonne benchmark for the first time in 2020.

Ferrosilicon Bidding Information in January, 2021 (01/15/2021).

This week, the domestic ferrosilicon market is still running well, most of the manufacturers are still tight in the spot.

Japan's ferrous scrap exports in November slowed from a 2020 high in October as a surge in domestic scrap prices reduced supply available for export.

In 2020, China's steel exports totaled 53.671 million tons, down 16.5% YoY.