Japan produces around 1mn permanent magnet synchronous motors for vehicles each year, according to trade ministry data.

A year ago the spread was $1,058/st as HRC prices were plunging from record-high levels.

The 2303 ferrosilicon contract price on ZCE closed at 8224 yuan per ton on January 5.

BHP and Oz Minerals agree on takeover deal

Africa can produce 50Mt/y of green hydrogen at less than €2/kg by 2035, report shows

In November alone, production of finished steel reached over 1.82 million tonnes.

Finished Import Market Share YTD at 24%

Hoa Phat Group has signed a contract to export 10,000 tonnes of steel wire in coil form to Europe.