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Silicomanganese futures close at 8396 on Feb.28

A comparison of shipments for full year 2021 to full year 2020 shows the following changes: corrosion-resistant sheet and strip, up 18 percent, cold rolled sheet, up 15 percent, and hot rolled sheet, up 12 percent.

The 2205 ferrosilicon contract price on ZCE closed at 8780 yuan per ton on February 25.

Broken down by districts, here’s production for the week ending February 19, 2022 in thousands of net tons: North East: 171; Great Lakes: 601; Midwest: 192; Southern: 729 and Western: 71 for a total of 1764.

The company is a leading infrastructure conglomerate with a presence in the steel, power and the mining sector.

The country mainly bought steel from China, with 5 million tonnes valued at 4.38 billion USD, accounting for 40.3 percent and 38 percent of the total volume and turnover, respectively.