Ferrosilicon Daily Express 3.5

  • Thursday, March 5, 2020
  • Source:ferro-alloys.com

  • Keywords:Ferrosilicon futures spot
[Fellow]The ferrosilicon production in February was 407.6 thousand tons and year-to-date production through February, 2020 was 861.85 thousand tons.

[Ferro-Alloys.comAccording to statistical data, the operating rate of China ferrosilicon industry was 56.06% in February, down by 4.92% vs. the prior month. The ferrosilicon production in February was 407.6 thousand tons and year-to-date production through February, 2020 was 861.85 thousand tons. 

Situated at ground zero of the coronavirus pneumonia outbreak, China Baowu Steel Group's Wuhan headquarters has been running full steam to support the local government in combating the epidemic.

Southwest China's Guizhou Province plans to phase out 10 million tonnes of outdated coal production capacity by closing 80 coal mines in 2020, local authorities said.

China Taiyuan coal transaction price index stood at 133.07 points Monday, down 0.04 percent week on week.

Based on preliminary Census Bureau data, the American Iron and Steel Institute (AISI) reported that the U.S. imported a total of 3,135,000 net tons (NT) of steel in January 2020, including 1,633,000 net tons (NT) of finished steel (down 9.9% and 33.4%, respectively, vs. January 2019). Total and finished steel imports are up 97.7% and 20.4%, respectively, vs. the prior month, December 2019. Finished steel import market share was an estimated 17% in January 2020.

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  • [Editor:kangmingfei]

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