The 2105 ferrosilicon contract price on ZCE closed at 6,666 yuan per ton on March 31.

The 2105 ferrosilicon contract price on ZCE closed at 6,682 yuan per ton on March 30.

China exported 19243.6 tons of magnesium in January, 2021, down 10.93% than the previous month.

China exported 17151.086 tons of magnesium in February, 2021, down 10.87% than the previous month.

China exported 36394.686 tons of magnesium in January-February, 2021, up 41.41% year on year.

China exported 36394.686 tons of magnesium in January-February, 2021, up 41.41% year on year.

Steel Imports Down 7.5% Year-to-Date Through February

Moody’s Investors Service forecasts the global metals and mining industry’s earnings will increase by about 30% through the first quarter of 2022 on the back of economic recovery, as well as rising demand and tight supplies for steel, iron-ore and copper.