With the rapid increase of sea freight and procurement costs, ferrous metal buyers are facing the problem of limited spot supply of steel and its raw materials.

The 2105 ferrosilicon contract price on ZCE closed at 7,726 yuan per ton on March 4.

Late February 2021, the key steel enterprises produced 18.5562 million tons of crude steel, 16.3941 million tons of pig iron, 19.1418 million tons of steel products.

Qingshan group plans to build a new ferrochrome production line in Indonesia.

Successful lifting of the first column of No.2 boiler in 2 × 350MW + 1 × 380mW project of Indonesia Qingshan phase V

Baosteel Resources International, the raw material purchasing subsidiary of Baowu iron and Steel Group, the world's largest steel producer, has signed a strategic cooperation agreement with sibanthracite group, a large Russian coal producer.

According to the latest data of the World Iron and Steel Association, in January, the crude steel output of 64 countries included in the statistics of the world iron and Steel Association was 162.9 million tons, up 4.8% year-on-year.

Under multiple positive factors, ferrosilicon market is generally optimistic, wait-and-see, bullish mood is gradually strong.