Ferrosilicon Daily Express 3.19

  • Thursday, March 19, 2020
  • Source:ferro-alloys.com

  • Keywords:Ferrosilicon futures spot
[Fellow]China Taiyuan coal transaction price index stood at 133.11 points Monday, down 0.04 percent week on week.

[Ferro-Alloys.comOver 20,000 safety guidance groups across the country have inspected 223,000 enterprises and rectified 168,000 potential problems as of now to ensure the safety of the resumption of production and work, an official with the Ministry of Emergency Management said on Thursday.

China's iron and steel sector saw overall stable growth in 2019, as the continued effort in cutting overcapacity filtered through, data showed.

After becoming the world's largest crude steel producer last year, China Baowu Steel Group has not slowed down in seeking a global leadership role as a first-class steel mill.

China Taiyuan coal transaction price index stood at 133.11 points Monday, down 0.04 percent week on week.

In the week ending on March 14, 2020, US domestic raw steel production was 1,878,000 net tons while the capability utilization rate was 80.5 percent. Production was 1,913,000 net tons in the week ending March 14, 2019 while the capability utilization then was 82.2 percent. The current week production represents a 1.8 percent decrease from the same period in the previous year. Production for the week ending March 14, 2020 is down 1.3 percent from the previous week ending March 7, 2020 when production was 1,903,000 net tons and the rate of capability utilization was 81.6 percent.

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  • [Editor:kangmingfei]

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