Thanks to the large-scale development of clean energy, especially solar and wind power, consumption of fossil fuels is expected to decrease by 3.15 billion ton standard coals during the 2030-60 period, Dai said.

Experts highlight role of govt plan in bringing upgrades in traditional, clean energy sectors.

Ferrosilicon Tender Information in December, 2022 (Jan 3, 2023).

China launches trading of world’s first industrial silicon futures to boost risk management

Prices of key metals are likely to fall in 2023 but are still above 10-year averages, according to Fitch Ratings.

In December, the inventory was still tight. Under the environment of better profits, the production remained stable, with high enthusiasm.

The 2303 ferrosilicon contract price on ZCE closed at 8486 yuan per ton on December 30.

Steel sector anticipates brighter prospects in 2023