In 2020, both the volume and price of China's iron ore imports rose significantly, the annual import volume reached 1.1 billion tons for the first time.

The steel output of Hoa Phat Group, Vietnam’s leading steel producer, exceeded the 5-million-tonne benchmark for the first time in 2020.

Mainstream chromium futures prices rise sharply

The 2105 ferrosilicon contract price on ZCE closed at 7412 yuan per ton on January 15.

In 2020, China's steel exports totaled 53.671 million tons, down 16.5% YoY.

This week, the domestic ferrosilicon market is still running well, most of the manufacturers are still tight in the spot.

The 2105 ferrosilicon contract price on ZCE closed at 7882 yuan per ton on January 14.

The global 1.8bn t/yr seaborne iron ore market is expected to remain in a supply deficit in early 2021.