China will step up efforts in reducing steel production and set up a mechanism for the regulation of the remaining steel to reach goals for "carbon-peak" and "carbon neutralization".

The 2105 ferrosilicon contract price on ZCE closed at 7012 yuan per ton on January 27.

Silicon exports in Jan-Dec, 2020.

Magnesium exports in Jan-Dec, 2020.

Global crude steel production reached 1,864.0 million tonnes (Mt) for the year 2020, down by 0.9% compared to 2019.

The 2105 ferrosilicon contract price on ZCE closed at 6988 yuan per ton on January 26.

Silicon exports in December, 2020.

Magnesium exports in December, 2020.