The country mainly bought steel from China, with 5 million tonnes valued at 4.38 billion USD, accounting for 40.3 percent and 38 percent of the total volume and turnover, respectively.

The domestic output of high-carbon ferrochrome in March was 604000 tons, an increase of 112400 tons compared with 491600 tons in February.

Ordos has the highest power generation, the power generation in this area accounts for more than 50% of the whole region.

Uptake of Class 1 nickel will rise to more than 410,000t in 2022, from 330,000t last year, based on the group's internal forecasts for the metal.

In November 2021, the export volume of ferrosilicon (containing by weight more than 55% of silicon) in Russia was 30379.47 tons.

On the whole, the ferrosilicon supply side remained stable in March.

The 2205 ferrosilicon contract price on ZCE closed at 10286 yuan per ton on April 1.

Of the volume, 60,000 tonnes have been exported, doubling the figure of the same month last year.