Japanese trading house Mitsui will not extend the option to provide $60mn in funding for the 10mn t/yr Hawson iron ore project.

The US steel market is expected to remain undersupplied through the first quarter of 2021.

The 2105 ferrosilicon contract price on ZCE closed at 6880 yuan per ton on December 28.

Siliconmanganese prices have risen this week

Siliconmanganese prices have risen this week

This week, the price of South African Cr40/42% Concs continues to rise. Chromium has shown a strong bullish trend.

As one of the hard to abate industrial sectors, the steel industry recognises that we need to act.

In November, 2020, China exported 15612.986 tons of ferrosilicon (silicon content > 55%).