Australia’s minerals exports are set to reach unseen heights for a second year, as a global crunch lifts the value of the nation’s coal and natural gas.

The 2209 ferrosilicon contract price on ZCE closed at 8034 yuan per ton on July 6.

Of the 50 major goods monitored by the government, including seamless steel tubes, gasoline, coal, fertilizer, and some agricultural products mainly used for processing.

In the week ending on July 2, 2022, domestic raw steel production was 1,767,000 net tons while the capability utilization rate was 80.9 percent.

Benchmark 62% Fe fines imported into Northern China fell 4.41%, to $109.89 per tonne.

Dalian coking coal slumped 6.1% and coke dropped 3.8%.

The 2209 ferrosilicon contract price on ZCE closed at 8034 yuan per ton on July 6.

The 2209 ferrosilicon contract price on ZCE closed at 7850 yuan per ton on July 5.