According to the latest data, China and South Korea will account for 48.8% and 41.4% of the world's new vessels orders in 2020.

The 2105 ferrosilicon contract price on ZCE closed at 7602 yuan per ton on January 18.

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

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

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

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

The 2105 ferrosilicon contract price on ZCE closed at 7882 yuan per ton on January 14.

The global 1.8bn t/yr seaborne iron ore market is expected to remain in a supply deficit in early 2021.