The 2105 ferrosilicon contract price on ZCE closed at 6814 yuan per ton on December 29.

The 2105 ferrosilicon contract price on ZCE closed at 6880 yuan per ton on December 28.

In November, 2020, China's export of ferrosilicon (containing by weight less than or equal to 55% of silicon) was 2049 tons.

In November, 2020, China exported 15612.986 tons of ferrosilicon (silicon content > 55%).

As one of the hard to abate industrial sectors, the steel industry recognises that we need to act.

Higher raw materials price and bidding price, tight spot and strong futures market, the ferrosilicon spot market remain strong this week.

The 2105 ferrosilicon contract price on ZCE closed at 7200 yuan per ton on December 25.

China's steel industry is expected to keep growing in 2021.