The HBIS Group, or Hebei Iron and Steel, paid about 200 million yuan ($29 million) to Vale, the largest producer and exporter of iron in the world, earlier this week.

Ferrosilicon futures 2005 contract close at 5832 on Friday February 14.

Ferrosilicon futures 2005 contract close at 5864 on Thursday February 13.

Global crude steel production reached 1,869.9 million tonnes (Mt) for the year 2019.

Ferrosilicon futures 2005 contract close at 5910 on Wednesday February 12.

China exported a total of 25600.133 tons of ferrosilicon (>55%) in December, 2019.

Through 2019, Japan imported 421281.901 tons of ferrosilicon (>55%), down by 6.51% vs. the same period in 2018.

Ferrosilicon futures 2005 contract close at 5848 on Tuesday February 11.