"Nonetheless, we must work hard to preserve our status. One way to do so is to improve the transparency of Singapore's trade financing," he added.

The 2109 ferrosilicon contract price on ZCE closed at 8,742 yuan per ton on July 26.

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 167.9 million tonnes (Mt) in June 2021.

The 2109 ferrosilicon contract price on ZCE closed at 7716 yuan per ton on July 23.

The 2109 ferrosilicon contract price on ZCE closed at 8,616 yuan per ton on July 23.

China's high carbon ferrochrome import increase 3.82% in Jan-Jun 2021.

China's import volume of ferronickel increase 19.52% in Jan-Jun 2021.

China's import volume of ferronickel was 273000 tons in June 2021.