China's export of ferrosilicon (>55%) by country from January to April 2021.

China's magnesium exports by country in April 2021.

The 2109 ferrosilicon contract price on ZCE closed at 7958 yuan per ton on May 24.

World crude steel production for the 64 countries reporting to the World Steel Association (worldsteel) was 169.5 million tonnes (Mt) in April 2021, a 23.3% increase compared to April 2020.

Through its subsidiary, Dinson Colliery, Tsingshan is building a 300,000 tons per year coking plant, the largest and most advanced coke oven in Zimbabwe.

China's foreign trade expanded 28.5 percent year-on-year to 11.62 trillion yuan ($1.8 trillion) in the January-April period.

To be sure, stripping the industry of its overcapacity will help it to reshape itself, so as to align with the country's pursuit of high-quality development.

The 2109 ferrosilicon contract price on ZCE closed at 7966 yuan per ton on May 17.