On February 3, the daily turnover of steel in China was 18300 tons,lower than 100000 tons per day for 9 consecutive days and 50000 tons per day for 5 consecutive days.

Weekly Report of Chromium Market (2.1-2.5): electricity price increase in Inner Mongolia is good for ferrochrome and chrome ore prices.

Nippon Steel today revised up its projected crude steel output to 33.2mn t for the April 2020-March 2021 fiscal year from an earlier forecast 32.7mn t.

Under the action of many factors, the short-term rebar price is easy to fall but difficult to rise.

In 2020, China's steel bar output was 266.391 million tons.

The increase took overall shipments for the last year to 407mn, slightly higher than a government-set target for the year of 400mn t.

The tungsten market runs smoothly;

The molybdenum market rise slightly;