"Stable, green and sustainable raw material supplies is an important pillar for Chinese steel industry to improve competitiveness."

OM Holding Limited released its September 2020 Quarterly Production and Market Update recently.

American Iron and Steel Institute (AISI) reported that steel import permit applications for the month of October totaled 1,643,000 net tons (NT)*.

"To address long-term market developments and the effects of coronavirus," Thyssenkrupp announced to cut 5,000 more jobs, bringing the total of its layoffs to 11,000.

The 2101 ferrosilicon contract price on ZCE closed at 5998 yuan per ton on November 19.

Toshiba Corp. on Wednesday announced that it will stop taking new orders to build coal-fired power plants as it shifts towards greener, renewable energy.

"To reach carbon neutrality by 2050, I am calling for all countries to stop building new coal power plants and for partners to stop financing them," said the secretary-general.

During the quarter ended 30 September 2020, FeSi production volumes decreased by 16% while manganese alloys production reduced marginally by 3%.