With more than 10,000 registered coal traders, the CTCTC is the largest coal trading center in China.

The measures will go into effect on June 1, the ministry said.

Support is being given to peaking pioneers from localities, sectors and companies.

Market analysis says higher steel prices could also benefit decarbonization initiatives in the industry.

Export tariffs on ferrosilicon, ferrochrome, and high-purity pig iron would be raised to 25 percent, 20 percent, and 15 percent, respectively.

Export tariffs on ferrosilicon, ferrochrome, and high-purity pig iron would be raised to 25 percent, 20 percent, and 15 percent, respectively.

Export tariffs on ferrosilicon, ferrochrome, high-purity pig iron would be raised to 25 percent, 20 percent and 15 percent, respectively.

A Large-Scaled Steel Plant in Hebei Province released its ferrosilicon bidding information.