The 2201 ferrosilicon contract price on ZCE closed at 8330 yuan per ton on December 17.

Silicomanganese futures close at 7912 on December 17, a increase of 0.28%

Steel Minister tells MOIL to raise manganese ore production to 3.5 MMT by 2029-30

A total of 104 coal mines in Shanxi have applied for increasing their production capacity this year.

Dinson, a subsidiary of China's Tsingshan Holding Group Company Limited, is the constructor of the iron and steel plant, which is scheduled for commissioning next year.

In 2020, crude steel output rose by 5.2 percent year on year to exceed 1.05 billion tonnes, according to the association.

The November output represented 6.1-percent growth from the same period in 2019, according to the NBS.

Steel exports jumped 31.3 percent from a year earlier to 53.02 million tonnes during the period.