The domestic demand forecast was cautiously optimistic, according to market sources, led by stronger increased spending for the infrastructure market.

Finished Import Market Share YTD at 24%

The 2303 ferrosilicon contract price on ZCE closed at 8234 yuan per ton on January 4.

During this period, the province also transmitted 18 percent more electricity to support other regions -- as against the figure for the same period in 2021.

He said that Indonesia would continue to receive high coal demands from European countries.

While ensuring safe production, Shanxi has accelerated expanding its output and transport capacity and optimized and restructured coal mines to ensure energy supply.

The channel is also a major route for China's west-to-east coal transportation, ensuring the country's energy consumption demand is met.

After the reorganization, Sinosteel will no longer be under the direct regulation of the SASAC.