A total of 25,029 tonnes of FeSi and 50,996 tonnes of manganese alloys were sold during the quarter ended 31 March 2021.

Tariffs on exports of products such as ferrosilicon, ferrochromium, and high-purity pig iron will be raised temporarily to a rate of 25 percent, 20 percent, and 15 percent, respectively.

From January to March, 2021, Japan imported 82131.33 tons of ferrosilicon (containing by weight more than 55% of silicon).

In March 2021, Japan imported 31374.075 tons of ferrosilicon (containing by weight more than 55% of silicon).

Japan imported 994.958 tons of ferrosilicon (containing by weight ≤ 55% of silicon).

The 2109 ferrosilicon contract price on ZCE closed at 7,658 yuan per ton on April 29.

The CEC in February forecast a year-on-year increase in electricity consumption of 6-7pc for 2021, but has revised its outlook upwards to 7-8pc, citing expectations of stronger domestic and overseas economic activity.

In 2021, TDS is expected to reach 20 billion VND in profit before tax.