Export tariffs on ferrosilicon, ferrochrome, and 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.

The 2109 ferrosilicon contract price on ZCE closed at 7,576 yuan per ton on May 6.

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 7,414 yuan per ton on April 30.

Follow the impact of bidding price of representative steel mills and the progress of energy consumption and environmental protection policies in main production areas on the industry.