Under multiple positive factors, ferrosilicon market is generally optimistic, wait-and-see, bullish mood is gradually strong.

Erdos is China's main coal-producing and consuming region. Envision's new project is designed to promote the use of cleaner energy in the area.

The 2105 ferrosilicon contract price on ZCE closed at 7,762 yuan per ton on March 3.

In early 2014, China initiated a key strategy to coordinate the development of Beijing, Tianjin and Hebei -- a regional city cluster called "Jing-Jin-Ji" -- to create a model with a better economic structure, cleaner environment, and improved public services.

The 2105 ferrosilicon contract price on ZCE closed at 7,692 yuan per ton on March 2.

The ministry added that the country's industrial output, an important economic indicator, reached 31.31 trillion yuan ($4.84 trillion) last year, making it the world's largest manufacturing power for 11 consecutive years.

The 2105 ferrosilicon contract price on ZCE closed at 7,920 yuan per ton on March 1.

In December 2020, Japan imported 32471.801 tons of ferrosilicon (containing by weight more than 55% of silicon).