U.S. steel mills shipped 7,893,990 net tons, a 16.9 percent increase from the 6,753,447 net tons shipped in November 2020.

In November alone, Hoa Phat shipped more than 100,000 tonnes of construction steel abroad, seeing a 2.3-fold increase year on year.

The ministry has already directed the public sector undertakings (PSUs) and private players to take measures to cut imports of special steel.

American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 3,120,000 net tons (NT) of steel in November 2021.

Driven by many factors, the ferrosilicon futures market rose rapidly this week, which led to the increase of spot quotation, greatly boosted market confidence.

The 2205 ferrosilicon contract price on ZCE closed at 9238 yuan per ton on January 14.

Silicomanganese futures close at 8586 on January 14, a decrease of 1.04%

Manganese Products Tender Information in January, 2022 (1/14/2022).