Japan imported 2153.858 tons of ferrosilicon (containing by weight ≤ 55% of silicon).

Tariffs on exports of products such as ferrosilicon, ferrochromium, and high-purity pig iron will be raised temporarily to a rate of 25 percent, 20 percent, and 15 percent, respectively.

The 2109 ferrosilicon contract price on ZCE closed at 7,658 yuan per ton on April 29.

The CEC in February forecast a year-on-year increase in electricity consumption of 6-7pc for 2021, but has revised its outlook upwards to 7-8pc, citing expectations of stronger domestic and overseas economic activity.

The 2109 ferrosilicon contract price on ZCE closed at 7,448 yuan per ton on April 28.

In 2021, TDS is expected to reach 20 billion VND in profit before tax.

The 2109 ferrosilicon contract price on ZCE closed at 7,378 yuan per ton on April 27.

Steel maker Hoa Phat Group will start construction of a cargo container plant in June this year in the southern province of Ba Ria - Vung Tau.