Ferrosilicon Daily Express 2.2

  • Tuesday, February 2, 2021
  • Source:ferro-alloys.com

  • Keywords:Ferrosilicon,futures,spot,steel
[Fellow]China's steel sector registered output expansion last year, industrial data showed.

[Ferro-Alloys.comChina's steel sector registered output expansion last year, industrial data showed.

In 2020, crude steel output rose 5.2 percent year on year to exceed 1.05 billion tonnes, according to the China Iron and Steel Association (CISA).

The output of pig iron rose 4.3 percent from a year earlier to 887.52 million tonnes during the period, the CISA said.

Bilateral trade between China and Russia will see growth this year, despite a marginal decline last year, due to the strong synergy and solid fundamentals of the two sides, the Ministry of Commerce said.

Data from the ministry showed that bilateral goods trade between the two nations stood at $107.77 billion last year, exceeding the $100 billion mark for three years in a row, but down 2.9 percent on a yearly basis.

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  • [Editor:kangmingfei]

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