Since November 2021, the ferrosilicon futures fluctuated frequently, but showed a slow upward trend.

Prices briefly retreated after 24 February.

Most of capital goods monitored by the Chinese government registered lower prices in mid-February compared with early February, official data showed Thursday.

"The (steel) market has turned optimistic about this year's infrastructure investment growth as different regions successively rolled out major construction projects as part of pro-growth efforts."

Coal leading resource exports - ABS

Silicomanganese futures close at 8496 on Mar.4

The 2205 ferrosilicon contract price on ZCE closed at 9354 yuan per ton on March 3.

ESG slowing down as energy transition highlights mining as indispensable – RMF