Steel futures closed higher Thursday in daytime trading on the Shanghai Futures Exchange.

China exported 75810.955 tons of ferrosilicon (>55%), down by 36.14% YoY in Q1.

The 2009 ferrosilicon contract price on ZCE closed at 5800 yuan per ton on April 29.

From January to March, imports of Beijing reached 502.98 billion yuan, down 8.4 percent year-on-year, while exports increased by 4.4 percent to 122.44 billion yuan.

The 2009 ferrosilicon contract price on ZCE closed at 5744 yuan per ton on April 28.

The 2009 ferrosilicon contract price on ZCE closed at 5734 yuan per ton on April 27.

In Mid-April, the social inventories of 5 varieties of steel products in 20 cities were 17.17 million tons, down by 860 thousand tons (4.8%) from last ten days, according the latest data of CISA.

From April 12 to April 19, the daily average sales of coal in Ordos City, Inner Mongolia, China, was 1.94 million tons.