Experts urge State firms to boost restructuring efforts, revitalize regional economy

China's raw coal output rose 0.1 percent year on year to 3.13 billion tonnes in the first 10 months of 2020, official data showed.

The production value of manufacturing industries in the island saw a year-on-year decline over the past seven consecutive quarters, said the department in a statement earlier this week.

This week, the ferrosilicon market is still running stably, higher cost and tight spot and the downstream demand side is also strong, the confidence of ferrosilicon manufacturers is good.

The 2101 ferrosilicon contract price on ZCE closed at 6184 yuan per ton on November 19.

"Stable, green and sustainable raw material supplies is an important pillar for Chinese steel industry to improve competitiveness."

The first export consignment is scheduled to leave the Chattogram port, some 242 km southeast of the capital Dhaka, on Nov. 21, the company said in a statement.

American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of October totaled 1,643,000 net tons (NT)*.