China's raw coal output expanded by 0.9 percent year on year in 2020, while its coal imports increased 1.5 percent, data from the National Bureau of Statistics (NBS) showed.

The relatively stable market continued to the early stage of January 2021, and the futures market went down from the middle and late January.

The 2105 ferrosilicon contract price on ZCE closed at 6752 yuan per ton on January 29.

A total of 45,956 tonnes of FeSi and 81,576 tonnes of manganese alloys were sold during the quarter ended 31 December 2020.

Production output for the quarter ended 31 December 2020 of 33,866 tonnes of ferrosilicon (“FeSi”).

The 2105 ferrosilicon contract price on ZCE closed at 7012 yuan per ton on January 27.

China will step up efforts in reducing steel production and set up a mechanism for the regulation of the remaining steel to reach goals for "carbon-peak" and "carbon neutralization".

The 2105 ferrosilicon contract price on ZCE closed at 7012 yuan per ton on January 27.