Export tariffs on ferrosilicon, ferrochrome, and high-purity pig iron would be raised to 25 percent, 20 percent, and 15 percent, respectively.

Support is being given to peaking pioneers from localities, sectors and companies.

Export tariffs on ferrosilicon, ferrochrome, and high-purity pig iron would be raised to 25 percent, 20 percent, and 15 percent, respectively.

In 2020, crude steel output rose by 5.2 percent year on year to exceed 1.05 billion tonnes, according to the China Iron and Steel Association.

Export tariffs on ferrosilicon, ferrochrome, high-purity pig iron would be raised to 25 percent, 20 percent and 15 percent, respectively.

A Large-Scaled Steel Plant in Hebei Province released its ferrosilicon bidding information.

The 2109 ferrosilicon contract price on ZCE closed at 7,688 yuan per ton on May 7.

A reading above 50 indicates expansion, while a reading below reflects contraction.