United Kingdom-based energy company Shell Energy Europe has signed a multi-year deal to purchase electricity from a China-run power storage project in the UK, which when completed will be one of the largest battery installations in Europe.

Ferrosilicon futures 2005 contract close at 5740 on Wednesday February 19.

"We have difficulties shipping raw materials from the port to mill. Our raw material inventory is not that sufficient; with some brands it's only 2-3 days, but it is higher for some other brands," a mill procurement official said.

Ferrosilicon futures 2005 contract close at 5730 on Tuesday February 18.

The administration said it will supervise resumption of energy production as part of the effort to control and prevent further spread of the new strain of the coronavirus.

Top 20 positions increased and decreased varied, the purchase volume is more than the holding position.

"Factors including weak demand, lower prices of industrial products and rising costs led to the fall in profits," said NBS senior statistician Zhu Hong.

The HBIS Group, or Hebei Iron and Steel, paid about 200 million yuan ($29 million) to Vale, the largest producer and exporter of iron in the world, earlier this week.